Monday, 12 April 2021

Gold Price Outlook: Falling Ahead of 30-Year Treasury Auction, Resistance Reinforced

Gold prices are weakening ahead of a key 30-year Treasury auction and US CPI data. XAU/USD is struggling to move past resistance as the 50-day SMA guides it lower.

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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...