Netanyahu will decide on escalation in Iran at the Security Council’s meeting this evening

Israel’s Netanyahu will apparently decide on escalation and Iran at their Security Council meeting this evening. Pres. Trump has urged a cease-fire. Headlines continue to contradict each other. US stocks are higher but not as high as premarket levels.

• The NASDAQ index is up around 290 points or 1.12% (the index was up over 500 points in premarket trading).
• The S&P index is up 0.73%.
• The Dow industrial average is up 0.33%.
• Gold prices are trading up around $10 at $4337.45. Recall from Friday, the price fell below its 200 day moving average for the first time since October 2023. That moving average currently comes in at $4407.15 (see green line on the chart below). Staying below that moving average gives the sellers more control. The low price from March 23 at $4098.74 is the next major target.

This article was written by Greg Michalowski at investinglive.com.