XAUUSD (GOLD) Weekly Forecast
Gold showed a minor pullback on Russia and Ukraine tension. Ukraine has rejected Russia's demand to surrender port city Mariupol.
Technical:
The near–term support is around $1918, violation below targets $1895/$1877/$1850/$1800. Significant reversal only below 1750.The yellow metal faces strong resistance of $1950, any violation above will take to the next level $1960/$1977/$2000/$2020.
Technical:
The near–term support is around $1918, violation below targets $1895/$1877/$1850/$1800. Significant reversal only below 1750.The yellow metal faces strong resistance of $1950, any violation above will take to the next level $1960/$1977/$2000/$2020.
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