Monday, 2 December 2019

Gold Price Outlook: Support Holds, but Bulls Calm on USD Drubbing

It's been a slow three months in Gold as buyers have backed off the bid. But the bullish trend isn't yet dead, and its return appears to be a matter of timing.

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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...