Monday, 6 May 2019

Gold Price Chart Hints at Downside Bias Amid Conflicted Trade

Gold prices are struggling to establish lasting direction as the US Dollar and benchmark bond yields diverge but the chart setup hints at a broadly bearish bias.


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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...