Sunday, 17 January 2021

Gold Price Outlook: XAU/USD Rebounds from a 6-Week Low. Now What?

Gold prices snapped higher after dropping as much as 1.2% before Monday but a stronger USD and fading stimulus hopes may continue to weigh. Traders are eyeing US$ 1,807 for near-term support.

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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...