Wednesday, 1 April 2020

Gold Price Outlook: XAU/USD Rebound Struggles as Bearish Chart Formation Builds

Tuesday’s sell-off candle is casting a bearish shadow on spot gold and with the US dollar picking up a bid again, lower prices may lie ahead.

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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...