Monday, 5 December 2022

Gold Price Sinks on ISM Services Surprise, XAU/USD Bearish Technical Warning Eyed

Gold prices sank on Monday as the US Dollar gained after an unexpectedly strong ISM Services print. XAU/USD left behind a bearish Evening Star, will that spell trouble ahead?

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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...