Thursday, 23 May 2019

Gold Prices Maintain Downtrend, However, Pivotal Support Holds

Gold prices remain in a downtrend as USD edges higher, however, support is holding, which raises the risk of a bounce towards trendline resistance.


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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...