Tuesday, 1 October 2019

Gold Price Correction Remains in Play as RSI Tracks Bearish Trend

Gold prices may face a larger correction over the coming days as a head-and-shoulders formation takes shape, with the RSI still tracking the bearish formation from June.

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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...