Tuesday, 18 April 2023

Gold Prices Gain as US Dollar Falls, Keep a Close Eye on Bearish Engulfing Follow-Through

Gold prices gained on Tuesday as the US Dollar fell. XAU/USD remains vulnerable to follow-through after a Bearish Engulfing emerged. How have retail traders changed their exposure?

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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...