𝙂𝙤𝙡𝙙 𝙥𝙧𝙞𝙘𝙚 𝙧𝙖𝙡𝙡𝙮 𝙝𝙞𝙩𝙨 𝙘𝙪𝙧𝙗 𝙖𝙩 𝙩𝙚𝙘𝙝𝙣𝙞𝙘𝙖𝙡 𝙧𝙚𝙨𝙞𝙨𝙩𝙖𝙣𝙘𝙚 𝙬𝙝𝙞𝙡𝙚 𝙢𝙖𝙠𝙞𝙣𝙜 𝙤𝙫𝙚𝙧 3%

* Gold price sees safe haven inflow on comments Israel considers striking Iran nuclear facilities. 

* President Trump clashes with Republican members on his fiscal package plan through US Congress. 

* Gold has broken out of its tight range and could see follow-through higher.

#GOLD #GOLD_UPDATE #forex #trading

𝙂𝙤𝙡𝙙 (XAU/USD) edges higher on Wednesday towards $3,310 at the time of writing, with grave concerns that tensions in the Middle East could spiral out of control again and Trump's fiscal bill possibly not passing Congress. In late trading on Tuesday, CNN reported that Israel is considering targeting nuclear sites in Iran. While former United States (US) President Joe Biden was able to change Israel’s Prime Minister Benjamin Netanyahu’s mind, US President Donald Trump has seen his diplomatic efforts fall apart, with markets mulling whether Trump is still able to control Netanyahu. 

In the US, President Trump is facing setbacks at home as well as the administration struggles to get enough support to pass through Congress its tax bill. Frustration arose for Trump at Capitol Hill when speaking with lawmakers who demanded to significantly boost the cap on the state and local tax (SALT) deduction.