Thursday, 24 September 2020

Gold Price Forecast Sours as Losses Mount

Gold suffered a substantial pullback this week, erasing weeks of gains and severely damaging important technical structures. As a result, the outlook for the precious metal has soured.

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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...