Thursday, 24 June 2021

Gold Price Forecast: Gold Grasps at Fibo Support but Sellers Vigilant

Gold prices took a massive hit last week, but the sell-off stopped at a big spot of support. Sellers, however, haven't yet let up as a short-term range has built.

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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...