Tuesday, 8 September 2020

Gold Price Touches 50-Day SMA for First Time Since June

The price of gold has touched the 50-Day SMA ($1912) for the first time since June as it trades within the August range.

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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...