Friday, 19 February 2021

Gold Price Forecast: Death Cross Emerges as November Low Gives Out

A ‘death cross’ formation appears to have taken shape in the price of gold as the 50-Day SMA ($1851) crosses below the 200-Day SMA ($1857).

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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...