Friday, 13 January 2023

Gold Outlook: XAU/USD Soars but Overbought Signals Flash Red

Gold has enjoyed a prolonged bullish run with little indication of a deep pullback until now. The yellow metal faces the next zone of resistance above 1900

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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...