Wednesday, 24 July 2019

Gold Price Target Hit: XAU/USD Rally Vulnerable Near-term

Gold prices pulled back from our first major resistance target with the broader rally at risk near-term. Here are the levels that matter on the XAU/USD charts this week.


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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...