Market Updates - Gold Jumps as Russia Fires on and Seizes Ukrainian Ships... - FX Leaders News

Market Updates – Gold Jumps as Russia Fires on and Seizes Ukrainian Ships…

Posted Monday, November 26, 2018 by
Arslan Butt • 1 min read

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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About the author

Arslan Butt is our Index & Commodity Analyst
Arslan Butt is our Lead Commodities and Indices Analyst. Arslan is a professional market analyst and day trader. He holds an MBA in Behavioral Finance and is working towards his Ph.D. Before joining FX Leaders Arslan served as a senior analyst in a major brokerage firm. Arslan is also an experienced instructor and public speaker.
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