Thursday, 21 July 2022

Gold Price Recovery Pulls RSI Out of Oversold Territory

Developments surrounding the Relative Strength Index (RSI) point to a larger rebound the price of gold as the oscillator climbs out of oversold territory.

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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...