Thursday, 30 January 2020

Gold Price Forecast: Potential XAU/USD Breakout as Virus Fears Escalate

The price of gold is nearing near-term resistance which, if broken convincingly, could lead to a larger rally in the short-to-medium term. All eyes on global coronavirus updates.

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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...