Thursday, 26 November 2020

Gold Price Drop May Continue as Fed Stimulus Bets Unravel

Gold prices slid to a four-month low as easing political uncertainty and Covid-19 vaccine hopes cooled Fed stimulus expansion bets. The chart setup hints at deeper losses ahead.

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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...