Wednesday, 3 February 2021

Gold Price Forecast: XAU Tests Key Support - Could Gold Break Down?

A relatively calm range has developed in Gold prices. But with the bullish trend on hold for six months now, and sellers pushing more aggressively, might a breakdown be on the way?

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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...