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.