Monday, 8 November 2021

Gold Eyes Key Resistance With Fed Bets in Focus as CPI Nears

Gold prices have a key level of resistance in focus following last week's move higher. Fed rate hike bets are in the scope as US CPI data approaches. A hot inflation print may weigh on XAU prices.

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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...