Bullish reversal in play for gold bugs

From forex.com

Just a day after vowing to draw back ‘military operations’ from Kyiv, Russia continued to attack the outskirts if the city. Although the Pentagon have said it appears that Russia have started to move around a fifth of their forces, although suspect this is to simply resupply them for redeployment. Separately, during a call to Mario Draghi (Italy’s Central Bank Governor), Putin explained how to pay for Russian gas in rubles. US GDP was revised slightly lower to 6.9% q/q from 7%. ADP employment came in soften than expected, adding ‘only’ 455k to the 486k forecast. Core PCE remained at 5%, whilst PCE was ... (full story)