Wednesday, 23 October 2019

Gold Price Testing Support as Merging Trendlines Hint at a Breakout

Gold is currently stuck between two trends and as they merge a breakout from range becomes increasingly likely.

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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...