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Oil price collapse: Crude oil prices have fallen by about 10% on hopes of normalizing supply due to the possibility of an end to the war. The price of oil in the June contract is now around $91.77. Dollar collapse: Oil prices and Treasury yields are increasing pressure on the US dollar. The dollar has fallen against the euro, yen and pound. Stock market rise: US stock markets, including the Dow Jones and Nasdaq, have seen major gains as investors are relieved by the hope of an end to the war. Political context: This attempt to control inflation and lower oil prices is seen as a major strategy of the current administration before the November elections. #ForexNews #OilPrice #USDMarket #GlobalEconomy

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🟡XAUUSD SELL NOW 4536/4540 🎯TARGET.    4533 🎯TARGET.    4530 🎯TARGET.    4527 🎯TARGET.    4524 🎯TARGET.    4521 🎯TARGET.    4518 💔STOP LOSS. 4550

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📢 Market Update: Gold and the World Economy 📉 Gold Price Drop: Gold prices fell 2% to below $4,600 per ounce. Oil and Supply Crisis: The closure of the Strait of Hormuz is disrupting 20% ​​of the world's oil supply, one of the largest 'supply shocks' in history. Geopolitics: Market volatility is increasing as US-Iran peace talks stall. Central Bank Action: The US (Fed), Europe (ECB) and the UK (BoE) may take tough decisions on interest rates to control inflation. Impact: Investors are turning to other assets instead of gold due to fears of rising interest rates. #ForexTrading #GoldPrice #MarketAnalysis #Inflation

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Tuesday's Gold Market and Geopolitical Update: Gold prices are currently fluctuating within a range around $4,700 per ounce. Tehran's new proposal to resolve the Iran-US crisis through Pakistan. Iran has promised to open the vital Strait of Hormuz if the blockade is lifted. Investors are now looking ahead to this week's meetings of the Fed, ECB and BOJ. Interest rates are likely to remain high for a long time due to fears of rising inflation due to the energy crisis.

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Tp1 hit 💰💰💰💰💰 Running 70+ pips 💯💯💯

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