Sunday, 8 January 2023

Gold Fundamental Price Outlook: XAU/USD Primed for the Next Leg Higher

The precious metal continues to be in the thrall of US rate expectations and with yields starting to reverse lower from their recent elevated levels, gold may soon attempt to make a fresh multi-month high.

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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...