Sunday, 18 October 2020

Gold Forecast: Failure to Test Monthly Low Warns of Range Bound Prices

The price of gold may continue to consolidate after failing to test the monthly low ($1873) as it retains the opening range for October.

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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...