Thursday, 28 October 2021

Gold Price Susceptible to Rebound in US Treasury Yields

Lack of momentum to hold above the 200-Day SMA ($1792) may spark a near-term decline in the price of gold like the price action seen earlier this year.

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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...