Wall Street opened slightly lower while oil and gold rose as Tuesday marked the fifth day of fighting between Israel and Iran, with the risk of a widening conflict dampening risk appetite in a week also packed with key central bank decisions.

Middle East tensions, combined with continuing Ukraine conflicts and US tariff uncertainty is still driving gold higher. Keep an eye on the trend lines and your technicals as well. Citi Bank has predicted an end to the gold rally based on lower demand but let’s see.

Oil prices rose today, June 17, as supply uncertainty deepened amid geopolitical tensions in the Middle East. Brent crude was trading up 0.7% a