Monday, 20 January 2020

Gold Price Eyes Monthly High as RSI Continues to Track Upward Trend

The price of gold may continue to retrace the decline from the monthly high ($1611) as the Relative Strength Index (RSI) tracks the upward trend from December.

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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...