CHRIST NEWS - MARKET FLASH |MARKET IMPACTAugust 26, 2026
Canada Retaliates with 50% Tariffs on $20B of US Goods
US and Iran Reach Ceasefire Agreement Energy & Chemical Commodities Plunge
Gold & Energy Impact: The US-Iran ceasefire slashed crude oil risk premiums to spark a sharp price collapse. Lower Middle East tensions weighed on Gold's safe-haven appeal, though escalating US-Canada trade war friction stemmed further losses.
Sudden news shifts have triggered massive volatility in Gold and Oil. Avoid picking bottoms or chasing breakouts (FOMO), always set an SL, lower volume, never hold losses, and protect profits.