Friday, 6 August 2021

Gold Price Remains Susceptible to Death Cross Formation Following NFP

The technical outlook casts a bearish forecast for the price of gold as a ‘death cross’ formation looks poised to take shape over the coming days.

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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...