Gold Surges as Geopolitical Tensions Fuel Bullish MomentumGoldOANDA:XAUUSDEmmaChartistHello everyone, This week, macro factors are “adding fuel to the fire” for gold as both geopolitical risk and safe-haven flows converge on the precious metal. News Context – Drivers of the Rally: U.S.–China tensions escalated when the White House warned of a potential 100% tariff on Chinese goods, enforceable if negotiations stall. China responded by restricting rare-earth exports — a critical material in the global tech supply chain. As a result, geopolitical risk surged, boosting gold — the traditional safe haven. Meanwhile, the ongoing U.S. government shutdown and lack of guiding economic data have left markets reacting mainly to geopolitical news and Fed commentary. Kitco surveys indicate investor sentiment has turned more neutral after gold surpassed $4,000: retail investors show signs of FOMO, while experts caution, “nothing rises indefinitely.” In the long term, major institutions like Goldman Sachs remain bullish on gold, citing central bank net purchases and potential ETF inflows when the Fed moves into a clearer rate-cutting cycle. Technical Analysis 4H – Uptrend Continues: On the 4H chart, the Higher High – Higher Low structure remains intact, with prices above the Ichimoku cloud, reflecting a stable upward trend. Fair Value Gaps (FVGs) below act as “support steps,” allowing technical pullbacks without breaking the bullish momentum. Short-term resistance is around $4,070–$4,080, near the recent peak and thin supply clusters, where temporary selling pressure may appear. Key support/FVG levels include $4,028–$4,035 (new FVG), followed by $4,010–$4,015 (old peak/lip breakout), and $3,995 — a structure level that repeatedly upheld the uptrend. Overall, gold maintains strong bullish momentum, with FVG zones forming a base for technical pullbacks and continuation toward higher highs.