Thursday, 17 November 2022

Gold Remains Vulnerable Below $1800 Key Level and 200-Day MA

Spot gold’s recent rally appears to have run out of steam as markets shift between risk-on and risk-off sentiment. A test of $1800 remains a possibility.

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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...