paolo

Really ? I think the spheres of influence extend far beyond the borders of Ukraine and are sensitive enough to create a cold war, if not more. Ukraine is just an excuse in this geopolitical chessboard

We have had a nice breakout at the 1480 level on the 23th of december. Now, If we have a higher weekly close around the current levels (1540/1550), we could have enough momentum to break the 1560s. I don't think we will test the 1400 again now (it would be bearish) as the 1450 levels has been beaten for 1 month .
If 1560s broken, my target will be 1700/1750

This has nothing to do with events but with market sentiment...In 2014 for example, with the Ukrainian revolution and when Russia took Crimea, gold was bearish...