20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
In a recent development, the United States has warned Iran of serious consequences if it continues to act against the US, Israel, or their allies.
What Happened: Robert Wood, the US Deputy Ambassador to the United Nations, has strongly condemned Iran’s recent attack on Israel, as reported by The Hill on Sunday.
“Let me be clear — if Iran or its proxies take actions against the United States or further action against Israel, Iran will be held responsible,” said Wood, according to the report.
Wood stressed that the US is not seeking escalation, but its actions have been purely defensive. He blamed Iran for intending to cause significant damage and death in Israel.
He also pointed out that Iran’s reckless actions threatened other UN member states in the region, including Jordan and Iraq. Wood urged the Security Council to immediately and unequivocally condemn Iran’s aggressive actions.
Wood’s comments followed Iran’s launch of approximately 350 missiles and drones at Israel on Saturday, most of which were intercepted by Israeli, US, and allied forces. The US has condemned the attack and reiterated its support for Israel.
President Joe Biden and Israeli Prime Minister Benjamin Netanyahu spoke by phone on Saturday, with Biden reaffirming America’s ironclad commitment to the security of Israel.
See Also: Former Army General Warns Russia Is Now ‘More Dangerous Adversary Than It Was Two Years Ago’
Why It Matters: This warning comes in the wake of an unprecedented attack by Iran on Israel. Iran launched drones towards Israel in response to an airstrike on an Iranian embassy complex in Syria last week.
Following this significant assault, Israel’s leadership is deliberating on an appropriate countermeasure. The decision-making process is taking place within Israel’s specialized three-member war cabinet, which is tasked with formulating the nation’s strategic responses to grave threats.
These escalating tensions have put financial markets on edge, with potential impacts on oil and gold prices. Investors are bracing for increased uncertainty.
At the time of writing, June 2024 Gold COMEX futures were seen trading 0.31% lower at $2,366.70. While June 2024 ICE Brent Crude futures were down similarly by 0.3% at $90.21.
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20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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