Tuesday, 12 May 2020

Gold Prices Build into Bull Pennant - But Can Bears Break Support?

After an enthralling rush of volatility through March, Gold prices have calmed while coiling into a wedge pattern. But is a possible bear trap brewing?

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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...