Spot gold advanced over 3% this morning, hitting the highest since September 2020, as traders massively run into safety after Russia launched military action against Ukraine. Strong bullish acceleration rose well above $1950, with Fibo barrier at $1980 (76.4% of $2074/$1676) to likely easily surrender and open way for renewed test of psychological $2000 level, […]
The post XAU/USD outlook: Gold Surges Towards $2000 on Safe-Haven Buying as War in Ukraine Starts appeared first on Action Forex.
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