Spot gold rose nearly 1% on Monday, climbing to the highest in over one month and pressuring key barriers at $2000/$2001 (psychological / Fibo 61.8% of $2070/$1890 correction). Growing concerns about surging inflation and economic impact from the war in Ukraine, prompted investors into safety, as the yellow metal is a safe-haven asset and also […]
The post Gold Rises on High Inflation and Uncertainty over Ukraine; Psychological $2000 Level Under Increased Pressure appeared first on Action Forex.
