Wednesday, 20 October 2021

Gold Prices Drives Up the Range as US Dollar Wallows. Can XAU/USD Make a Breakout?

Gold prices have moved slightly higher on US Dollar weakness, but face headwinds as other assets become attractive. Is there enough lustre for gold to go higher?

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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...