Thursday, 26 March 2020

Gold Price Outlook: Stimulus May Propel XAU/USD Past Resistance

Gold suffered a substantial pullback two weeks ago as risk aversion roared and investors sought liquidity in the form of the US Dollar. Now, however, gold could resume higher as governments offer aid.

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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...