Thursday, 17 September 2020

Gold Price Continues to Rebound from 50-Day SMA Following FOMC

The price of gold tagged the 50-Day SMA ($1935) for the second time this month, but current market trends may keep bullion afloat amid crowding behavior in the US Dollar.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

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