Market roundup: ECB preview, Gold outlook – Tip TV

In the opening segment of today’s London open show, Ben Kumar Investment Manager at 7IM and Tip TV’s Zak Mir discuss today’s ECB event and outlook for Gold. Both agree that there very little room left for the ECB to do more (easing).

Coming to gold, Mir and Kumar take note of the bullish two week triple bottom formation on charts, but state that the yellow metal has witnessed short covering ahead of the ECB event and hence could go down on ECB disappointment.

The panel also sheds light on Broker forecasts, economic calendar for the day, most popular in business/finance and broker forecasts.