A fresh turmoil has been seen on the markets today as investors have been rattled by Iran’s rocket attack on the US military base in Iraq in response to the killing of the Iranian commander. Indices plunged while oil and gold rallied. Gold crossed the $1600 barrier for the first time since 2013 and although markets have calmed down a bit the gold rally looks very well supported. The key support is at $1557 while there’s no obvious resistance in sight.

Oil down nearly 5% following the announcement that European diesel reserves will be released💡
🟡Gold takes a breath, because of oil, not NFP
Daily Summary: Wall Street Recovers as Micron Shines and Oil Prices Rise Again
The US has a Diesel problem. Now Europe is being asked to open its reserves