Wednesday, 8 July 2020

Gold Price Rally Continues Unchecked, XAU/USD Prints a Fresh 8-Year High

Gold continues to climb higher and has just printed a fresh eight-year high. The supportive trend from the early-June swing low remains in place but bullish sentiment is getting stretched.

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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...