Tuesday, 26 April 2022

Gold Price Forecast: XAU Rebound is Likely a Fake-out as US Dollar, Fed Pressures Mount

Gold prices are trading modestly higher in the APAC hours following a sharp drop earlier this week. However, the lackluster rebound isn't inspiring confidence as bullion headwinds strengthen.

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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...