US War With Vietnam - 8 Years, War With Iraq - 9 Years, War With Afghanistan - 20 Years! War With Iran Is Anyone' s Guess & History May Repeat Itself.

Many Time These Politician Misjudged Their Capabilities And The War Drags On From Months Into Years!

Today Is The 13th Day And Iran Don' t Seems To Give In Without Many More Fights To Come!

I Foresee Gold May Spike Beyond US$5,700 By End Of First Month, US$6,300 By The Second & US$7,000 By End Of The Third.

https://tradingeconomics.com/commodity/gold


Gold hovered around $5,180 per ounce on Wednesday, holding gains from the previous session as the ongoing conflict in the Middle East kept markets on edge. The Pentagon said Tuesday that the US and Israel carried out their most intense attacks yet on Iran and will persist until the Islamic Republic is defeated, striking a more aggressive tone after earlier remarks by President Donald Trump suggested the conflict might end soon. US officials also delivered conflicting messages, adding to market uncertainty, with the White House saying the US had not escorted an oil tanker through the Strait of Hormuz, contradicting a now-deleted social media post by Energy Secretary Chris Wright. Meanwhile, markets are closely monitoring upcoming US inflation data, which is expected to remain well above the central bank&rsquo s target even before the war erupted. Traders have currently pared back expectations for policy easing by the Federal Reserve to just one rate cut this year.

Seems Like The Middle-East Conflicts Not Going To End Soon!

Gold Going To US$7,000 In Coming Months!

Left Ask Queue Taken 10 minutes Ago Around 11.15am Compare To Right Ask Queue Taken This Morning At 09.05am

Basically No Change Despite 18 Millions Shares Sell-Down To 10. Only Roughly 1 Million Sell Queue Increase At 12 And 1 Million At 13.

These Data Indicates The Sell-Down Is Well Absorded And Buyer Are Holding For Extraordinary Gain!