Monday, 1 June 2020

Gold Price Outlook: Gold Goes Overbought, Finds Fibonacci Resistance

Gold prices are at their most overbought on the monthly chart since 2011, when prices topped-out. Can bulls bring on an alternative ending?

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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...