Monday, 22 November 2021

Gold Price Forecast: Gold Gutted After Powell Nom, XAU/USD Bear Flag

Gold prices are getting crushed today after Chair Powell was nominated for a second term, giving more credence to the 'transitory' narrative around inflation.

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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...