Tuesday, 8 September 2020

Gold (XAUUSD) Price - Pressure on Supportive Trendline Increases as Trading Range Narrows

The price of gold remains stuck either side of $1,930/oz and is pressuring the multi-month supportive trend. Client sentiment is mixed despite retail traders being heavily long.

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

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