Iran-US conflict. That was the talk of the town during the weekend. Even though the two countries seemed to have made amends through the years it seems that there are still differences that cannot be reconciled by the efforts of the countries. And Trump only made the situation worse when he stated that the USA are preparing the new sanctions package for Iran. And of course Iran didn’t wait for another hit and answered back – if there are sanctions, there is an answer. All of that couldn’t help but influence USD value. And as USD is dropping price the perfect time for gold growth is coming.
Gold is surging right now as we are waiting for the next wave of the conflict. There is no way to predict when the USD might gain its strength right back so we are stuck with the very unpredictable situation. But at least we can make money off of growing gold. The uptrend is not as obvious, but it is there. While the greenback is falling, gold is going to see the flow of traders coming to it.
But trading signals are anyways a must-use today, no matter how sure you are in your trading decisions.