There are a number of factors that have emerged to trigger a rise in XAUUSD, the most likely one being the growing tensions along the Ukrainian border. Gold has attracted investors as a hedge against volatility. Russia's invasion of Ukraine would certainly be an event worthy of triggering potentially huge uncertainty in the market - and traders hate uncertainty. The impact of the Russia-Ukraine situation on gold is simple: if tensions increase, gold could be boosted, and vice versa.
Another factor is that a hawkish Fed directly threatens market sentiment leading to a sharp deterioration in global risk appetite and a wave of selling, which is expected to cause panic later. Of course, smart investors in the market already have ways to deal with this, and those rich and powerful will never lose but will make more money from it.
Another factor is that a hawkish Fed directly threatens market sentiment leading to a sharp deterioration in global risk appetite and a wave of selling, which is expected to cause panic later. Of course, smart investors in the market already have ways to deal with this, and those rich and powerful will never lose but will make more money from it.
