Possible increase in Russian sanctions by the United States and European Union and its impact on stock markets, crude oil and gold

After the United States announced that it would increase sanctions on Russia, the European Union is now looking to impose new sanctions on fuel imports from Russia; risk aversion may increase in financial markets. 

Technically, stock indices in the US, including the Dow Jones and S & P500, are moving upwards, breaking the mid-term moving averages and the daily Ichimoku cloud. The possibility of a further uptrend in the mid-term has been strengthened. 

In the oil market and the Brent oil index, the possibility of a reduction in crude oil supply has increased. In addition, the price has returned to an upward wave due to the announcement of the United States and European Union to increase sanctions against Russia, especially fuel-related sanctions. Therefore, technically, the price has returned above the 34-day average, and the possibility of a mid-term and short-term price rise has been strengthened. Thus, the price reaction to the $ 112 level is decisive. 

In the gold market, despite the increase in the level of risk aversion in the financial markets, the price still fluctuates in a low range level and does not follow a specific trend in the mid-term. However, technically the price reaction to the 34-day average will be decisive.