Wednesday, 13 July 2022

Gold Price Rebound Following US CPI Raises Potential for RSI Buy Signal

Looming developments in the Relative Strength Index (RSI) may point to a larger rebound in the price of gold as the oscillator is on the cusp of pushing above 30.

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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...