Thursday, 23 July 2020

Gold Rally Eyes Record High Price as RSI Pushes Into Overbought Zone

The price of gold appears to be on track to test the record high set in September 2011 ($1921) as the RSI pushes above 70 for the third time in 2020.

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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...