Fundamental Analysis affect on XAU/USD
Important Fundamental Analysis
Headlines
“Israeli air strike in Syria kills top Iranian military adviser”
“Iran vows revenge after senior IRGC officer slain in alleged Israeli strike in Syria”
Iran’s president Ebrahim Raisi vowed that Israel “will certainly pay for this crime.”
“Without a doubt, this action is another sign of frustration, helplessness, and incapacity of the usurping Zionist regime in the region,” Raisi said in a statement.
Foreign Minister Hossein Amir-Abdollahian tweeted that “Tel Aviv faces a tough countdown.”
With this current new headlines released in the last 12 hours, most investors are fearing of further developing conflicts in the Middle-east region.
Any fear of war, or uncertainty in the world increases the interest in Safe-heaven assets for investors.
For us, this means a Bullish XAU/USD
Technical Analysis is matching with this Fundamental Analysis, we see plenty of good reasons in Technicals for a continued Bullish expansion on XAU.
Plan the Trade, Trade the Plan!
Headlines
“Israeli air strike in Syria kills top Iranian military adviser”
“Iran vows revenge after senior IRGC officer slain in alleged Israeli strike in Syria”
Iran’s president Ebrahim Raisi vowed that Israel “will certainly pay for this crime.”
“Without a doubt, this action is another sign of frustration, helplessness, and incapacity of the usurping Zionist regime in the region,” Raisi said in a statement.
Foreign Minister Hossein Amir-Abdollahian tweeted that “Tel Aviv faces a tough countdown.”
With this current new headlines released in the last 12 hours, most investors are fearing of further developing conflicts in the Middle-east region.
Any fear of war, or uncertainty in the world increases the interest in Safe-heaven assets for investors.
For us, this means a Bullish XAU/USD
Technical Analysis is matching with this Fundamental Analysis, we see plenty of good reasons in Technicals for a continued Bullish expansion on XAU.
Plan the Trade, Trade the Plan!