Thursday, 16 July 2020

Gold Prices Vulnerable as RSI Snaps Upward Trend

Recent developments in the Relative Strength Index (RSI) warn of a potential pullback in the price of gold as the indicator snaps the upward trend from June.

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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...