Tuesday, 26 May 2020

Gold Price Forecast: May Low on the Radar Amid Negative RSI Slope

The price of gold may continue to give back the advance from the May low ($1670) as Relative Strength Index (RSI) establishes a negative slope.

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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...