Breaking geopolitical news: A new round of U.S. strikes on Iran has landed. The situation in the Strait of Hormuz—an energy chokepoint—is tense. The safe-haven logic behind gold has rekindled, and amid the news, volatility has increased. Trade execution should prioritize controlling the berth; wait for stabilization before taking advantage of the move—don’t impulsively engage in a heavy-loading contest over short-term news. $XAUT

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