Wednesday, 28 October 2020

Gold Selloff to Accelerate With Less Than a Week Until Election Day?

Gold prices may face heightened liquidation pressure after XAU/USD broke a multi-week uptrend with the election less than a week away.

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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...