Wednesday, 21 April 2021

Gold Forecast: Has XAU/USD Price Action Officially Bottomed?

Gold bulls have staged an eye-catching rebound to eight-week highs with XAU/USD price action catching a strong bid as real yields edge lower, but has the precious metal officially bottomed?

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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...