Thursday, 28 May 2020

Gold Price Outlook: XAU Overbought as Cycles Drive the Bullish Trend

Gold prices remain perched near seven-year-highs but long-term overbought readings may hinder short-term bullish continuation.

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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...