The volatility of XAUUSD has increased significantly recently due to the outbreak of the war between Russia and Ukraine. After briefly hitting a high of $1974, the price fell back sharply to the gray zone in the chart, a price range that should be taken seriously enough. We still need to remain patient until the asset price resumes a broader uptrend.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.