Wednesday, 8 July 2020

Gold Price Rally Pushes RSI Indicator Into Overbought Territory

The bullish behavior in the price of gold looks poised to persist as the Relative Strength Index (RSI) pushes into overbought territory.

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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...