XAU USD
XAUUSD
Bias: BULLISH
Fundamental:
Although the easing of Russian-Ukraine tensions is leading to bearishness on gold - losses are likely to be limited by the relative HIGH inflation in alignment with the upcoming inflation data in the US session.
+Still not tackling high inflation
+Ukraine & Russia tension seems like a war tactic
Technical:
+Pullback to 1845-48 for BUYS to 1860 & 1876 target
Bias: BULLISH
Fundamental:
Although the easing of Russian-Ukraine tensions is leading to bearishness on gold - losses are likely to be limited by the relative HIGH inflation in alignment with the upcoming inflation data in the US session.
+Still not tackling high inflation
+Ukraine & Russia tension seems like a war tactic
Technical:
+Pullback to 1845-48 for BUYS to 1860 & 1876 target
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