News just came in: "Iran does not seek escalation or war", another news: "President Trump will make statement tomorrow (Wednesday) morning on Iran" and "Adviser to Iran's Pres. Rouhani warns any US retaliation will lead to regional war"
What does it mean for #gold# #XAU/USD# ?
War will definitely raise the gold price even more. But, looking at how Trump react (which for me is unusual), it seems there is discussion in WH perhaps concerning to halt war.
My suggestion, take profit for your long gold positions. Sell if you want to take a bit of risk as there's probability of no war will happen. Personally, I wish there will be peace and no war. :)
Cheers! #Todayanalysis#
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
-THE END-