Thursday, 13 October 2022

Gold Price Vulnerable After Failing to Defend Monthly Opening Range

The price of gold may struggle to retain the rebound from the yearly low ($1615) as it fails to defend the opening range for October.

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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...