XAU/USD: Gold Prices Jump as Traders Shift Focus to Trump–Zelensky Meeting
Backed by European leaders, Ukraine’s President Volodymyr Zelensky will meet Donald Trump on Monday in Washington in a high-stakes attempt to secure a permanent ceasefire and binding security guarantees. The geopolitical backdrop remains tense, with Trump’s comments suggesting Zelensky could end the war “immediately” — framing that complicates the talks.
For markets, the stakes are equally high. Gold, as a classic safe-haven asset, is benefiting from risk aversion. Traders see the fragile peace outlook and ongoing uncertainty as fuel for sustained demand in bullion.
Technical Outlook:
Gold remains highly sensitive to geopolitical developments:
Stability above 3343 supports a bullish move toward 3356, and a break higher could extend gains to 3383 and 3401.
A 1H candle close below 3343 would turn the outlook bearish, with downside targets at 3332, 3320, and potentially 3284.
Pivot: 3343
Support: 3332, 3320, 3285
Resistance: 3356, 3366, 3401
Backed by European leaders, Ukraine’s President Volodymyr Zelensky will meet Donald Trump on Monday in Washington in a high-stakes attempt to secure a permanent ceasefire and binding security guarantees. The geopolitical backdrop remains tense, with Trump’s comments suggesting Zelensky could end the war “immediately” — framing that complicates the talks.
For markets, the stakes are equally high. Gold, as a classic safe-haven asset, is benefiting from risk aversion. Traders see the fragile peace outlook and ongoing uncertainty as fuel for sustained demand in bullion.
Technical Outlook:
Gold remains highly sensitive to geopolitical developments:
Stability above 3343 supports a bullish move toward 3356, and a break higher could extend gains to 3383 and 3401.
A 1H candle close below 3343 would turn the outlook bearish, with downside targets at 3332, 3320, and potentially 3284.
Pivot: 3343
Support: 3332, 3320, 3285
Resistance: 3356, 3366, 3401
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.