Monday, 12 April 2021

Gold Price Outlook - Will Resistance Continue to Block Further Upside?

Gold is unable to push higher as a cluster of resistance levels continue to hold firm. US data this week may prompt a bout of selling if inflation rears its head.

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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...