Friday, 9 August 2019

Gold Price Rally May Soon Find Opposition at Long-term Levels

The rally in gold has been strong and still has a little room to run, but a meaningful pullback may be around the bend as long-term resistance lies just ahead and sentiment turns extreme.


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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...