Thursday, 30 September 2021

Gold Price Forecast: XAU Eyes FOMC Bets Ahead of PCE Data, Non-Farm Payrolls

Gold prices broke a multi-day losing streak and rallied before hitting Falling Wedge resistance. Inflation data and next week's non-farm payrolls report are on the radar for bullion traders.

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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...