Tuesday, 1 June 2021

Gold Price Rally Susceptible to Looming RSI Sell Signal

Looming developments in the Relative Strength Index (RSI) may indicate a textbook sell signal for the price of gold if the oscillator slips below 70.

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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...