Friday, 12 July 2019

Gold Price Weekly Technical Forecast: Digestion into Bull Pennant

Gold price action has funneled into a symmetrical wedge pattern so far in July; but are buyers yet ready to relent after an extremely strong finish to Q2?


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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...