Market Updates – Gold Jumps as Russia Fires on and Seizes Ukrainian Ships…
The precious metal gold seems to jump over boosted haven appeal after the Ukraine & Russia news...
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Last updated: Monday, November 26, 2018
Russia caught three Ukrainian naval ships off the shore of Russia-annexed Crimea on Sunday after opening fire on them and injuring several sailors. That’s the kind of news which can cause risks inflaming a dangerous new crisis between the two countries.
In response, GOLD seems to jump over haven appeal. It’s trading below $1,228 resistance. Watch out for breakout setup…
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Arslan Butt
Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.
His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.
His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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