🚹 Iran just sent a message markets can’t ignore

Iran says it remains open to talks and diplomacy, but Tehran is also demanding an end to the US blockade and wants the Strait of Hormuz reopened under its conditions.

Now watch these two markets closely 👀

đŸ›ąïž Oil: If tensions increase or Hormuz remains restricted, supply fears could keep Oil under pressure to move higher. Brent was back above $105 today after rising strongly in the previous session.

đŸ„‡ Gold: Geopolitical uncertainty can support safe-haven demand, but higher Oil prices and stronger US yields are currently putting pressure on Gold.

The next Iran-US headline could move both markets fast.

What are you watching now, đŸ›ąïž Oil or đŸ„‡ Gold?

#Gold #Oil #Iran #Markets #BinanceSquare