The price of gold continued to rise. break through trend line resistance As concerns of Russian aggression continue to haunt the market The White House tells Americans in Russia and Ukraine to leave.
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U.S. yields edged higher as traders focused on the Fed and the central bank's outlook to raise interest rates another 50 basis points in March.
The interest rate curve is slated for six rate hikes in 2022. The Fed's Bullard says central bank credit is on the line and that rate hikes come first.
technical analysis
gold price rose The price remains above the previously visible resistance near the sloping trend line approaching $1,855. Resistance near the November high of 1,877.
