Saturday, 9 November 2019

Gold Price Forecast: Fundamental Analysis Highlights Further Volatility

It has not been a good week for gold bulls with the price of the precious metal down around $50/oz. over the week as risk assets benefit from a strong market bid.

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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...