Monday, 25 October 2021

Gold Prices Eye Consumer Confidence Data as Technical, Positioning Signals Clash

Gold prices rallied to wrap up Monday ahead of key US CB Consumer Confidence data. Technical analysis hints at near-term weakness, but retail trader positioning says otherwise.

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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...