Wednesday, 6 May 2020

Gold Prices Coiling Up for Breakout, Crude Oil Pierces Trend Top

Gold prices may be coiling up for a breakout higher while crude oil prices have broken resistance guiding them lower since the beginning of the year.

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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...