Russia's attack on Ukraine could slow global growth and raise new economic risks, but leading central banks remain focused on an inflation war that looks set to escalate. Europe may be the most vulnerable to a broader economic shock from war, but the ECB made clear on Thursday that the region could absorb the expected hit to economic growth but could not afford policymakers to ignore rising prices at record levels in Europe, so choosing gold as a safe haven is one way to maintain existing assets.
we know that gold fastly be expensive when economic risk happen.
XAUEUR H4 chart : we can find a bullish falling wedge pattern. technically if the price breakout above the pattern this will support for gold prices fly high.
this is my XAUEUR trading plan, are you also bullish?
we know that gold fastly be expensive when economic risk happen.
XAUEUR H4 chart : we can find a bullish falling wedge pattern. technically if the price breakout above the pattern this will support for gold prices fly high.
this is my XAUEUR trading plan, are you also bullish?
Trade closed manually:
Russian and Ukrainian officials gave the most optimistic assessments of progress in the delegation's talks on the war in Ukraine. This indicates the possibility of a positive result in a few days. Separately, U.S. Deputy Secretary of State Wendy Sherman said Russia was showing signs of willingness to engage in substantive negotiations about ending a conflict that has killed thousands of people. More than 2.5 million people have fled. Ukraine has said it is willing to negotiate, but not to surrender or accept any ultimatum.
"We will not admit in principle any position. Russia now understands this. Russia has started talking constructively," said Ukrainian negotiator and presidential adviser Mykhailo (15/03/2022 Reuters)
"We will not admit in principle any position. Russia now understands this. Russia has started talking constructively," said Ukrainian negotiator and presidential adviser Mykhailo (15/03/2022 Reuters)
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