Sunday, 2 August 2020

Gold Tags Fresh Record High Price as Extreme RSI Reading Persists

Gold tags a fresh record high price ($1988) on the first day of trade for August, while the extreme RSI reading persist along with the crowding behavior in the US Dollar.

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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...