ANALYSIS
NQ100 Finds Support from PPIApr 14
Demand for gold likely to rise
President Joe Biden’s threats to Russian President Putin at the first State of the Union speech of his leadership and concerns that Ukraine invasion will last longer than expected continue to increase the demand for safe haven assets. Technically, as long as the precious metal stays above 1925 level, we will follow 1958 and 1974, which was seen on February 24. On the other hand, 1908 and 1890 supports will be on our radar below 1925.
