Friday, 19 June 2020

Gold Price Forecast - A Breakout Pattern Continues to Build

A series of short-term lower highs is supporting the price of gold this week and a continuation of this pattern would likely see the precious metal make a fresh attempt at a multi-week high.

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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...