Thursday, 17 June 2021

Gold Price Vulnerable Following FOMC as RSI Approaches Oversold Zone

A move below 30 in the RSI is likely to be accompanied by lower gold prices like the behavior seen in March.

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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...