Thursday, 4 August 2022

Gold Prices Surge Ahead of Non-Farm Payrolls as XAU/USD Clears Key Trendline

Gold prices soared in the best single-day gain in almost 4 months. Markets may be pre-positioning themselves for non-farm payrolls data. But, a larger threat is looming down the road.

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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...