Thursday, 6 June 2019

Gold Price Eyes Bullish Consolidation, Silver Price Breaking Bear Sequence

Gold remains at lofty levels and needs a period of consolidation if it is to move higher. Silver's recent uptick is being constrained by the 200-day moving average.


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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...