Saturday, 17 June 2023

Gold Weekly Forecast: Gold (XAU/USD) Bears Fail to Find Acceptance Below 100-Day MA Where to Next?

Gold looks set to end a pivotal week with more questions than answers as market participants appear to be ignoring the Fed. Is a retest of $2000/oz on the cards?

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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...