In the Asian session of this trading day, gold opened at $1,897.95 per ounce today, with yellowgold priceThe grid is currently up to 1901.04 US dollars / ounce, the lowest touched 1896.91 US dollars / ounce.
After Russian President Vladimir Putin announced the recognition of the independence of the two regions of Ukraine, many countries have imposed sanctions on Russia. Both the United States and the European Union have announced specific sanctions plans. At the same time, the foreign ministers of France and the United States have cancelled their planned meeting with the Russian foreign minister.
U.S., Europe, U.S., Europe, sanctions on Russia lifted
Many countries (regions) have launched sanctions against Russia, including the United States and the European Union. In addition, Canada has also announced sanctions, and Japan is mulling related plans.
The United States has announced its first sanctions, which President Biden recently claimed was the beginning of Russia’s invasion of Ukraine. He said: Russia’s actions require the United States and its allies to respond firmly and announce the first step in sanctioning Russia, implementing sanctions on Russia’s sovereign debt. Biden also stated that he will further sanction Russia and is working with Germany to suspend the approval of the Nord Stream 2 natural gas pipeline.
On the afternoon of February 22, local time, French Foreign Minister Le Drian and EU High Representative for Foreign Affairs and Security Policy Borrell held a press conference on the current situation in Ukraine. Le Drian said that the 27 EU countries have analyzed the serious situation of the current Russian-Ukrainian crisis and the possible consequences, and unanimously passed the first round of sanctions imposed by the EU on 351 members of the Russian State Duma. In addition, the sanctions targeted 27 entities and individuals, including political decision makers and the banks that funded them.
Le Drian also announced that his planned meeting with Russian Foreign Minister Sergei Lavrov in Paris on the 25th would be canceled. On the 22nd local time, US Secretary of State Blinken announced the cancellation of the meeting with Russian Foreign Minister Sergey Lavrov in Geneva on the 24th.
The price of gold rose and fell yesterday, and the trend in the evening was also volatile. The daily line finally said a long shadow line. Looking at the sun line alone today, it can be yin or yang, and yin and yang can change. But from a technical point of view, the market still needs to fall back, so today’s main empty operation above 1900. The daily line supports 1897 and the resistance is 1907, but the hourly line supports at 1894. Once the market falls below 1894, yesterday’s low of 1891 should be unstoppable, and it will go near the previous low of 1887. If it falls below 1887, continue to look at the top-bottom conversion near 1879, and it can touch more. However, the support of the hourly line is near 1870, not 1879. (Yangtze River Nonferrous Metal Mesh)
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Responsible editor: Tang Jing