Out of the Blue
Knee Jerk Reaction
Return to Previous Levels 72%
Trump mixed messages all the time who can keep up with this guy !
- Trump: We don’t need oil from the Middle East.
- Spot gold turns negative as Trump speaks on Iran war.
- Trump: We will never let Iran have nuclear weapons.
- Trump on Iran: Core strategic objectives are close to completion.
- Trump on Iran: We are going to finish the job and we are going to finish it very fast.
- Trump on Iran: We are getting very close.
- Trump: Iran can never be trusted with nuclear weapons.
- Trump: Short-term gas price increase due to Iran’s attacks.(Due to his Attacks on Iran)
- Trump: Rise in gasoline prices is due to Iran’s attack on tankers.
- Trump: recent increase in gasoline prices short term
- Trump: The US has plenty of gas. (but prices shot up)
- Trump: The US has plenty of gas.
- Trump: We’re in great shape for the future.
- Trump: We have not needed Hormuz Strait and we do not need it
- Trump: Iran has been essentially destroyed. Hard part is done
- Trump: When conflict ends, Strait will open up naturally.(Dream on)
- Trump on Iran: We are on track to complete all of America’s military objectives, shortly very shortly.
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Alert:
- Trump on Iran: we are going to hit them extremely hard over next two to three weeks.
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- Trump on Iran: Meanwhile, discussions are ongoing.
- Trump: Oil production will soon be substantially higher.
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Alert :
- Trump on Iran: We could strike their oil.
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- Trump on Iran: We have all cards whereas they have none.
- Trump: Iran is truly no longer a threat.
Overall what Drumpf (German Spelling) is saying is he is still very war orientated and more destruction will come and then there will be some sort of retaliation by Iran.
No way in the world is Hormuz going to open up soon.
He talks one way acts another and expects the opposite to happen.
WHAT’S LIKELY NEXT
Return to zone $4,780
72%
Reclaim $4,800 within 24-48hrs (IF no new escalation)
58%
Target $4,905 (IF Hormuz negotiations restart)
61%
Second leg down to $4,550ā$4,500 (IF Iran rejects further talks)
38%
Drop to $4,200ā$4,100 (March lows) if Hormuz fully blocked
18%