Gold Weakens Drastically As Russia – Ukraine Talks Now in Practical Phase, U.S. JOLTS Job Openings Data in focus; March 29, 2022

Key U.S. Indicator To Keep In Mind While Trading In Gold During U.S. Session:

Today U.S. has scheduled to release JOLTS Job opening data at 1400 GMT/1930 IST. This data can impact the market because job openings are a leading indicator of overall employment. ‘Actual’ greater than ‘Forecast’ is good for currency.

Let’s see how gold has reacted during the previous data release:

March 09:

Feb 01:

Let’s check out key headlines from Russia –Ukraine:

  • Talks between Ukraine and Russia began in Turkey on Tuesday without a handshake, Ukrainian television reported.
  • Ukraine, Russia hold new talks aimed at ending the fighting.
  • Sooner or later Russia and US will need to talk about strategic stability and security: Kremlin.
  • Kremlin says foreign companies will need to buy Roubles and pay for gas in Roubles at time of ‘economic war’ against Russia.
  • Ukrainian presidential adviser says main issue for Ukraine at talks is security guarantees, second is humanitarian issues. (Reuters).
  • Top Russian negotiator Vladimir Medinsky says talks in Istanbul were constructive.
  • Ukraine Negotiator Says There Needs To Be Full Peace Across Ukrainian Territory For Any Final Agreement With Russia To Come Into Force.
  • Ukrainian negotiator Arakhamiya speaks to reporters in Turkey – BBG Ukraine: Crimea, Donbas areas remain disputed territories, Ukraine seeks guarantees outside Crimea, separatist areas.
  • Ukraine Negotiator – all of this has been put to Russian side and we wait their official answer.
  • Russia says Ukraine talks are now in practical phase – IFX.
  • Russia to cut military activity near Kyiv, Chernihiv – IFX.
  • Ukraine negotiator says Israel, Poland, Canada, Turkey could be among Ukraine security guarantors under new system.
  • Ukraine negotiator says neutral status would include not having foreign military bases.
  • Kyiv negotiators call for ‘international’ accord to guarantee Ukrainian security.
  • The proposals would also include a 15-year consultation period on the status of annexed Crimea and could come into force only in the event of a complete ceasefire, the negotiators told reporters in Istanbul.


Technical View:


  • Gold spikes down sharply in early U.S. Session and touches $1,901 mark.
  • Today pair made intraday high at $1,929 and low at $1,901 mark.
  • A triple EMA on a day chart is up and H1 chart suggest bearish trend for the time being.
  • A sustained close above $1,914 on H1 chart requires for the upside rally.
  • Alternatively, a consistent close below $1,899 will check further supports.
$1,899 $1,914
$1,894 $1,921
$1,889 $1,928
$1,882 $1,932
$1,876 $1,938

Take a look and do trade wisely!
Good Luck

Share on facebook
Share on linkedin
Share on twitter
Share on telegram
Share on whatsapp
Unleash Powerful Trading Conditions with TP Global.

Recent Posts



Suite 305, Griffith Corporate Centre, Beachmont, P.O. Box 1510, Kingstown, Saint Vincent and the Grenadines.

Mail us

Drop mail at:

Contact us

Call or Whatsapp
+44 7441 416320

Risk Warning: Forex and Contracts for Difference (CFDs) are leveraged products. Trading in these products is highly speculative and involves substantial risk. Please note that even knowledgeable and well-experienced investors can experience large potential losses because of trading in Forex and CFDs. Consequently, investors should be fully aware of all the risks involved when trading Forex and CFDs and accept all the negative consequences associated with such trading. Please always remember that trading in Forex and CFDs might not be suitable for all investors. It is desirable investors who would consider trading, to do so only with money that they can afford to lose. You are also recommended to seek independent financial advice if necessary. The content on this website does not constitute financial or investment advice. Any information herein is of a general nature and does not take into consideration your personal circumstances, investment experience or current financial situation. Apple, the Apple logo, iPod, iPad, iPod touch, and iTunes are trademarks of Apple Inc, registered in the US and other countries. iPhone is a trademark of Apple Inc. App Store is a service mark of Apple Inc.

TP Global FX Limited is registered and regulated by Vanuatu Finance Service Commission (VFSC) with a registration number 40409.

TP Global Limited is registered and regulated by FINANCIAL SERVICES COMMISSION (FSC) MAURITIUS with a registration number GB21026474

TP Global FX Limited is registered and regulated by Financial Services Commission, Mauritius with a registration number GB21026474

TP Global Fx Africa Limited is incorporated in Federal Republic of Nigeria under the Companies and Allied matters Act 1990 with registration number RC 1674202. The objects of the company are all subject matters not forbidden by Companies and Allied Matters Act 1990. To provide Electronic Platform through which clients can choose currencies, commodities, indexes, CFDs and other leveraged financial instruments to trade.

mappin at-sign phone close