Wednesday, 7 October 2020

Gold Price Forecast: Precious Metal Backs off Resistance, Pauses Break Out

After testing resistance earlier this week, gold has since fallen back into the depths of a descending wedge that might keep gold prices contained for the time being. Still, the longer-term outlook...

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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...