Sunday, 5 January 2020

Gold Price Clears 2019 High & Triggers Overbought RSI Reading

The price of gold may exhibit a more bullish behavior over the coming days as the Relative Strength Index (RSI) sits in overbought territory.

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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...