Wednesday, 23 March 2022

Gold Price Reveres Ahead of 50-Day SMA as Post-Fed Rebound Persists

The price of gold appears to be reversing ahead of the 50-Day SMA ($1882) as it retains the advance from the monthly low ($1895).

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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...