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ElspethDupont
Mar 31, 2022 1:48 PM

XAUUSD is Bullish Short

Gold / U.S. DollarFOREX.com

Description

FOREXCOM:XAUUSD
XAUUSD is bullish
Analysis from the aspect of information
Spot gold was under pressure as the dollar rebounded. However, the decline in gold prices is limited, and the market is cautious that the war in Ukraine may enter a new stage of easing, and the supply chain disruption caused by the war is expected to continue to support the charm of gold against inflation.
technical analysis
XAUUSD is currently in an ascending channel on the candlestick chart
The divergence indicator is now clearly rising
KDJ indicator golden fork up
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