Tuesday, 14 July 2020

Gold Price Outlook: XAU/USD May Struggle to Rally Further as Supportive Trend Breaks

Gold is finding further upside difficult after hitting a fresh near eight-year peak last week. The supportive trend started in early June is now breaking.

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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...