Gold cools as fighting eases in GAZA
Updated
#️⃣ The Israeli Prime Minister officially announced that he will ratify the ceasefire agreement in Gaza! Trump repeated: I have merit
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⭐️Israeli Prime Minister Netanyahu confirmed that the ceasefire agreement with Hamas has been completed and will take effect on Sunday, right before Donald Trump takes office as US president.
✔️The agreement brokered by Biden, Trump and Qatar includes: Hamas will release 33/98 hostages, Israel will withdraw troops from Palestinian residential areas and release 1,000 Palestinian prisoners.
➡️Trump asserted that this agreement would not have been possible without his participation, while Biden emphasized his desire for a long-term ceasefire to stabilize the region.
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There are many mixed opinions within Israel: the extreme right wing opposes the agreement, while the Israeli stock market increased sharply by 4.4% last week due to positive expectations from the agreement.
Political Situations Are Calming Down as Trump Takes Office, Cooling Down Gold
Moving Investors Money to Crypto Market, Hottest Place Right Now
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⭐️Israeli Prime Minister Netanyahu confirmed that the ceasefire agreement with Hamas has been completed and will take effect on Sunday, right before Donald Trump takes office as US president.
✔️The agreement brokered by Biden, Trump and Qatar includes: Hamas will release 33/98 hostages, Israel will withdraw troops from Palestinian residential areas and release 1,000 Palestinian prisoners.
➡️Trump asserted that this agreement would not have been possible without his participation, while Biden emphasized his desire for a long-term ceasefire to stabilize the region.
🔴
There are many mixed opinions within Israel: the extreme right wing opposes the agreement, while the Israeli stock market increased sharply by 4.4% last week due to positive expectations from the agreement.
Political Situations Are Calming Down as Trump Takes Office, Cooling Down Gold
Moving Investors Money to Crypto Market, Hottest Place Right Now
Trade active
Trade closed: target reached
Globally, gold prices fell as Donald Trump's inauguration as President took place today (January 20, Washington time). Observers said that Trump's policy orientation could impact the US economy through inflationary pressure and will likely prompt the US Federal Reserve (Fed) to adjust its ongoing easing cycle. Rapidly rising consumer prices could even revive the possibility of tightening measures by the central bank. Gold is on its way to reclaiming its all-time high of $2,790/ounce in late October 2024. Possible targets include $3,009/ounce or $3,288/ounce.
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