Gold Eyes Fresh Highs Amid Geopolitical Tensions

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🟡 Gold Eyes Fresh Highs Amid Geopolitical Tensions & Quarter-End Volatility
Gold started April with a strong bullish gap, reaching another all-time high during the Asian session. Price is now trading near the upper bound of a multi-day structure, supported by ongoing geopolitical risks, macro uncertainty, and flight-to-safety flows.

European and UK traders should remain cautious today, as end-of-month volatility may lead to fake breakouts, stop hunts, and liquidity grabs – especially ahead of key U.S. economic data later this week.

🧠 Market Context:
Risk sentiment remains fragile as global equities faced pressure overnight.

Safe haven demand is elevated following weekend headlines tied to geopolitical conflict and natural disaster risks in Asia.

Traders are also watching the market’s reaction to Trump’s softened tone on tariffs — potentially shifting macro flows in risk assets.

🔍 Technical Outlook:
Price action remains bullish overall, but the pair is extended at current levels.
Expect high volatility today as monthly candles close — with a chance of both upside wicks and liquidation dips.

Scalping or reacting at well-defined zones is preferred over chasing.

🧭 Key Technical Levels:
🔺 Resistance: 3158 – 3166 – 3172 – 3180
🔻 Support: 3133 – 3122 – 3111 – 3100

🎯 Trading Plan:
🟢 BUY ZONE: 3122 – 3120
SL: 3116
TP: 3126 – 3130 – 3134 – 3138 – 3142 – 3146 – 3150

🔴 SELL ZONE: 3170 – 3172
SL: 3176
TP: 3166 – 3162 – 3158 – 3152 – 3148 – 3144 – 3140

⚠️ Final Note:
Today’s session could be chaotic with month-end flows and low liquidity pockets.
Stick to clean setups. Wait for confirmation. Always use SL/TP.

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