Friday, 16 August 2019

Gold Price Outlook: XAU Pull Back to Fibonacci Support

Gold prices remain overbought on a long-term basis but have pulled back to a key area of short-term support. How aggressive will bulls remain to be?


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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...