Wednesday, 13 November 2019

Gold Forecast: Are Spot Gold Prices (XAU) Set to Resume Rally?

The price of gold has slid roughly 6% from its 2019 peak down to its lowest level since early August, but is there potential for the precious metal to resume its rally and push XAU prices higher?

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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...