Monday, 6 December 2021

Gold Price Forecast: Gold After the Bear Flag Breach, CPI on Deck

Gold prices broke through the bear flag but didn't get much run thereafter. Is a bullish engulf from Friday pointing to a greater pullback in the bearish theme?

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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...