Sunday, 11 December 2022

Gold (XAU/USD) Forecast: Recent Gains May Come Under Pressure as US Data Takes Center Stage

Gold has struggled to find acceptance above the 200-day MA and $1800 key level. Next week’s data releases are likely to define the medium-term direction for the precious metal.

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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...