GOLD | Volatility Surge Under Geopolitical Risk

#XAU/USD#

GOLD | Volatility Surge Under Geopolitical Risk

Gold remains under strong two-sided volatility as Middle East tensions continue to dominate price action.

Any de-escalation could trigger a strong bullish recovery toward 4772 → 4836
Escalation mode keeps bearish pressure active toward 4662 → 4595

At this stage, 4693 is the key battlefield level.

Technically:
As long as price remains below 4693, bearish pressure remains dominant
A confirmed 1H close below 4693 would support continuation toward 4662 → 4595
However, if geopolitical risks ease and price reclaims upside momentum, gold may push toward 4739 → 4772

Market Context:
Escalation → Gold volatile but bearish pressure dominates through USD/yields effect
De-escalation → relief rally possible
Headline risk can trigger strong movement on both sides

Key Levels:
Pivot Line: 4693
Support: 4662 – 4595
Resistance: 4739 – 4772 – 4803