Monday, 8 February 2021

Gold Price Forecast: XAU/USD Pulls Back to Resistance After Break Down

Gold prices broke down with aggression last week; but helped along by a USD breakdown around NFP, price action has already perked back-up. Can Gold bulls hold the line?

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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...