Thursday, 6 May 2021

Gold Price Latest - XAU/USD Trapped by Resistance, Will US NFPS Stoke a Move in US Treasury Yields?

Gold continues to bump into resistance around $1,800/oz. and traders will now wait to see if the latest US jobs report sets up a clean break or a retracement 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...