XAU/USD: important news ahead

Forex analytics: Current trendWhile market participants are waiting for the ECB meeting, which is likely to shed light on the further prospects of the EU monetary policy, the volatility in the XAU/USD pair has been very low since the opening of the trading session.Lowering expectations of US rate hike allowed the price of gold to strengthen from August lows to the level of 1080.00. At the same time, verbal ...