Thursday, 29 February 2024

Gold Price Outlook: Fundamental & Technicals at Odds, What Now for XAU/USD?

This article examines gold’s near-term outlook, exploring various scenarios that may arise following the release of core PCE data, which is considered the Federal Reserve's preferred inflation measure.

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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...