Friday, 18 October 2019

Gold Price Nears Breakout as Trendlines Continue to Merge

Gold continues to trade in a narrow range and is likely to make a break, one way or another, shortly as support and resistance trendlines converge.

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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...