Gold is struggling to move higher as the supportive fundamental backdrop begins to reverse. The recent technical breakout is struggling to follow through and gold may drift lower in the short-term.
from DailyFX - Market News https://ift.tt/2NF3cjC
via IFTTT
Subscribe to:
Post Comments (Atom)
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...
-
The Nikkei 225 has bounced at important long-term support and staged a modest turnaround. However, its down-channel endures and will need to...
-
AUD prices remain hesitant ahead of the FOMC announcement later today. US PPI will also contribute to recent economic data. from DailyFX -...
No comments:
Post a Comment