North Korea’s foreign minister said Monday that a weekend tweet from US President Donald Trump was being viewed as a declaration of war on his country. Furthermore, he issued a warning that Pyongyang reserved the right to retaliate, including shooting down US fighter jets even if they were outside the country’s air space.
On Sunday, the US had said it had included North Korea to its list of countries that were banned from entering the country. XAUUSD is currently hovering around the $1309 per ounce area after having broken above the key psychological level of $1300 in the previous trading session on greater than average volumes. $1314 represents the immediate upside resistance, a close above which could see fresh buyers enter the market and accelerate the move higher.