Thursday, 17 October 2019

Gold Prices Remain Subdued in Bull Flag as USD Drops Through Support

The US Dollar has fallen through the floor this week, helped along by Brexit dynamics; but Gold prices continue in a corrective bull flag formation.

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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...