GOLD April Rally Continues

📉 Flash Corrections and New Highs:
Gold has shown sharp swings, dropping to $3,287 per ounce and swiftly hitting a historic high of $3,500. These moves are not chaos but reflect deep processes within the global financial system.

🔍 Key Drivers of Today’s Gold Market
1️⃣ Geopolitics on Edge:
Trade wars between the US and China, political instability, and the upcoming US elections have fueled demand for safe assets. Central banks continue purchasing gold at a pace exceeding 1,000 tons per year, challenging the dominance of the US dollar.

2️⃣ Stagflation and Fed Policy:
Markets are pricing in rate cuts, traditionally strengthening gold’s position. Even short-term easing of geopolitical tensions hasn’t derailed the bullish trend — inflation expectations and weakening consumer confidence keep pushing prices upward.

3️⃣ China as a Major Player:
It’s not just state-level purchases — retail demand among China’s Gen Z is hitting new highs. Institutional mandates requiring gold holdings further tighten global supply, reinforcing upward pressure.

📊 Technical Outlook: Where to Look for Entry Points
Support Levels: $3,260 – $3,280

Resistance Levels: $3,420 and the psychological barrier at $3,500

April followed a classic scenario: breakout to new highs, profit-taking, and return to key levels for position re-entry. For the attentive investor, this isn’t a reason for panic but an opportunity to reload into a long-term bullish trend.

Gold is not just an asset — it’s a barometer of trust in the global financial system. Every time the system falters, gold shines brighter.

Conclusion
The gold market in April 2025 is a textbook example of how global risks turn into opportunities for those ready to act. Volatility only scares those who don’t understand it.

As always, stay one step ahead.
Best regards, EXCAVO

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