This will Impact XAUUSD & will push to Bullish mommentum
- Haniyeh Killing and U.S. Involvement: The assassination of Hamas leader Ismail Haniyeh in Iran risks dragging the U.S. into a conflict it wants to avoid. The U.S. aims for a ceasefire in Gaza and regional de-escalation, but Israel\\\’s actions complicate this goal.
- U.S. Diplomatic Efforts: Despite supporting Israel, the U.S. stresses the importance of a diplomatic solution. White House official John Kirby emphasized the need for regional de-escalation and the potential for diplomacy.
- Escalation Concerns: The situation remains volatile, especially after Israel blamed Hezbollah for an attack in the Golan Heights. The killing of Iranian generals by Israel previously, and recent assassinations, have heightened tensions.
- Ceasefire Mediation Challenges: The U.S. has been mediating a potential ceasefire between Israel and Hamas, but progress has been hindered by recent events. The assassination of Haniyeh and Hezbollah commander Fuad Shukr complicates ceasefire efforts.
- Risk of Broader Conflict: According to Brian Finucane from the International Crisis Group, securing a ceasefire in Gaza is crucial to preventing further regional escalation, which could involve U.S. forces. However, recent attacks have made achieving a ceasefire more challenging in the short term.