In our Daily Trade Watch video, we look for high probability trade setups that we can trade throughout the day. Today, we examine Us-Iran de-escalation after significant escalation.
Just to recap, Trump authorised the assassination of a top Iranian General. Iran then threatened the US with extreme retaliation and they attacked US military bases in Iraq. Afterwards, Trump made a statement that seemingly backed away from Iran after a somewhat harmless attack.
With all of this in mind, we refer to the chart and see the significant reversal moves in the Gold and Oil markets. As a result, if we see Gold prices break below yesterday’s low of 1550 then we identify this as a high probability trade to the downside. It is the same situation for the Crude Oil market. If prices break below 59.20 then we would expect prices lower. However, these markets are so volatile at the moment so please practice effective risk management.
Us-Iran De-escalation After Significant Escalation – Full Video Analysis
Take your trading to the next level with our TLTR Membership. You will soon discover why we are trading’s best-kept secret. We are successfully building the world’s largest group of profitable traders and would like you to be part of it.
You can join for as little as $19.99 per month, no contract, cancel anytime. Just one profitable trade with us per month covers this amount, the rest is pure profit. You will benefit from unparalleled access to our professional traders, our transparent trading performance, our LiveTradeRooms and access to the most comprehensive trading education on the market. What have you got to lose? JUST CLICK HERE TO GET STARTED NOW and see how real money is made!