Yesterday, Trump's statement that "Iran will be attacked tonight" sent a wave of fear into the market, which resulted in severe fluctuations in other safe assets, including gold. But late at night, he issued another statement that there will be no attack and that it is hoped that a peace agreement with Iran will be reached this week.


As soon as this news came, the market environment changed completely. Gold, which was trading around $4050 until last night, has touched the level of $4230 today. In Pakistan, too, the local gold rate had reached $412,000 yesterday, while it reached $431,000 today.
That is why I had suggested yesterday that instead of panicking on such occasions, we should focus on improving our average. However, there is also a fact that Trump's statements cannot be completely trusted, because one of his statements creates fear in the market, while another statement creates an atmosphere of hope and excitement a few hours later.$XAUT #TradFiCFDGoldMasters
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