Tuesday, 5 November 2019

Gold Price Outlook Breaking Down - Is Bullish Momentum About to Crack?

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.

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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...