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GOLD SELL 2667.2668

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Tensions between Israel and Iran are escalating, and the Israeli Defense Minister has issued a stern warning of a "deadly and precise" response to Iran. This development has significant implications for global markets, particularly gold and oil prices.

Historically, gold prices tend to increase during times of economic uncertainty or geopolitical tensions ¹. With the current situation, we can expect gold prices to surge. The price of gold is already building on its previous recovery, challenging the static resistance level at $2,670, amid a bullish technical setup and broad risk aversion ¹.

On the other hand, oil prices may fluctuate due to concerns about supply disruptions. However, Israeli Prime Minister Benjamin Netanyahu has assured that the strike will target the Iranian military, not oil or nuclear targets, easing some market concerns ¹.

Key Factors Influencing Gold and Oil Prices.

Geopolitical Tensions: Escalating tensions between Israel and Iran
Economic Uncertainty: Global market reactions to potential conflicts
-Supply and Demand: Fluctuations in oil supply and demand
Market Sentiment: Investor attitudes toward risk and safe-haven assets

Stay cautious and informed, as the coming hours will indeed have a major impact on gold and oil prices. For the latest updates and forecasts.

Gold sell 2677-2678 small lot size

The market is too volatile due to geo-political tensions.

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