Tuesday, 17 November 2020

Gold Price Outlook - Overcome by Indecision, Range Trading to Continue

A general risk-on theme continues to cap the upside for gold and with US bond yields on the move higher, the precious metal may struggle in the short-term.

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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...