Friday, 19 July 2019

Gold Price Soars Through Resistance, Consolidation Needed Ahead of Next Push

Gold broke out of its recent pennant formation to the upside Thursday and may push even higher although a period of consolidation is needed to strengthen the next move.


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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...