š± GOLD TRADE IDEA š±
BIAS: Bullish
FUNDAMENTAL BIAS: Bullish
Global inflation & the Russia-Ukraine war tensions- whereby Ukraine- supporting countries are likely to maintain bullish bids on Gold.
On the geopolitical front, the surprise visit by UK PM Johnson to Ukraineās Kyiv is likely to create retaliation from Russia amid the fifth wave of sanctions imposed on the aggressor by the EU.
TECHNICAL BIAS: Bullish