Wednesday, 27 November 2019

Gold Price May Attempt to Break Out Amid Failure to Test Monthly Low

The price of gold may attempt to break out of the range bound price action from earlier this week as the precious metal holds above the monthly low ($1446).

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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...