Saturday, 25 April 2020

Gold Price Outlook Bullish as Liquidity Gushes, Recession Looms

Gold price action popped 2.7% higher last week as central bank asset purchases continue to bulge and flood the market with liquidity, but can the precious metal keep extending its bullish breakout?

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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...