$GOLD KEY LEVELS
@DoTrading：
$Gold - Apr 2022(GC2204)$ $10-YR T-NOTE - Jun 2022(ZN2206)$ Gold remaining in its current range awaiting new information. 2 scenarios could thus emerge in the short-medium term: - Gold could dive back into territory below $1,900 if the Fed in the coming days offers more hawkish clues. - On the other hand, new sanctions imposed on Russia which heighten inflationary pressures and further cloud the global economic outlook should provide significant support for spot gold to rally towards $2,000. Rally panic beyond $2,000 could be triggered with the collapse of the Ukraine/Russia talks or a proven recession...however this last scenario remains in the background for the moment and would be more of a long-term order.
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