Gold has room to extend its advance, despite technical overbought readings XAU XAUUSD $XAU $XAUUSD
nations believe that not only Russia is not retreating but preparing for an invasion. During Asian trading hours, Ukrainian forces and pro-Moscow rebels traded fire.
European indexes, which were struggling to retain gains, turned red, dragging Wall Street lower. Government bonds appreciated, and yields reached fresh weekly lows. Generally speaking, market players fear chaos but are still hoping for the better, as panic did not reach financial boards.The XAU/USD pair trades at $1,896 a troy ounce at the time being, at levels that were previously seen on June 2021.
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