Monday, 4 May 2020

Gold Price Outlook: XAU Coils into May, Will GLD Buyers Hit the Bid?

Gold prices surged by more than 20% from the March lows to the April highs, leading to almost three weeks of mean reversion as markets grapple with projections.

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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...