Tuesday, 6 August 2019

Gold Price Breakout Raises Scope for Overbought RSI Signal

Gold climbs to a fresh yearly high, with the RSI approaching overbought territory as the price for the precious metal breaks out of a near-term holding pattern.


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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...