Thursday, 4 February 2021

Gold Price Susceptible to Bearish RSI Signal on Break of January Range

The Relative Strength Index (RSI) may indicate a further decline in the price of gold if the oscillator crosses below 30 and pushes into oversold territory.

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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...