Gold Surges $70+ – Extreme Volatility, Traders Stay Sharp!

Market Overview
Gold (XAUUSD) has just witnessed a shocking $70+ rally, sparking intense volatility across global markets.
Rising geopolitical tensions are driving safe-haven demand to the extreme, making gold the centre of attention worldwide.

In this highly tense and unpredictable environment, every entry decision could be a make-or-break moment for traders.

🔎 Macro Outlook
🌍 Geopolitical risks → Money continues to flow into gold as a safe haven.
💵 USD & bond yields are not strong enough to halt the momentum.
📊 Upcoming PCE data & Fed policy decisions could inject even more volatility.

📊 Technical Outlook (H4)
After the explosive rally, gold consolidated within CP Zone H4 before breaking out higher.
Key Support Zones
3,462 – 3,443 → Critical levels to sustain the bullish structure.
Key Resistance Zones
3,487 – 3,518 → Possible reaction area before correction.
A breakout could open the path to 3,536 and beyond.

📌 Possible Scenarios
Scenario 1 (Preferred)
✅ Price holds above 3,462 → Tests 3,511 – 3,518 and potentially breaks towards 3,536.

Scenario 2 (Deeper Pullback)
⚠️ If 3,462 fails → Price may retest 3,443 before regaining upward momentum.

🎯 Trading Plan (Reference Only)
✅ BUY ZONE 1
Entry: 3453 – 3451
SL: 3446
TP: 3460 – 3465 – 3470 – 3475 – 3480 – ???

✅ BUY ZONE 2
Entry: 3444 – 3442
SL: 3438
TP: 3450 – 3460 – 3470 – 3480 – ???

❌ SELL ZONE
Entry: 3512 – 3514
SL: 3518
TP: 3505 – 3500 – 3495 – 3490 – 3480 – 3470

💡 Final Thoughts
Gold remains in a strong uptrend, fuelled by geopolitical risk and macro flows.
Yet after such an aggressive move, a technical correction is highly likely.
Traders should carefully monitor price action around support/resistance zones for optimal entries.

❗ Most importantly: stick to risk management & Stop Loss discipline – in markets like this, survival comes before profit.