1500 Pips Down, 1000 Up – What’s Next?GoldOANDA:XAUUSDMihai_IacobGold continues to move in a highly chaotic manner. Yesterday alone, within just a few hours, price dropped nearly 1500 pips, only to recover around 1000 pips at the time I'm posting, confirming once again the unstable nature of the current market. 📊 Market Context From a technical perspective: - Price managed to break below a key confluence support zone - In theory, this should signal that the correction from the late March low is over At the moment, price is approaching that same level again, in what appears to be a classic retest of the broken support. 📉 Trading View If this level holds as resistance: - The expectation is for price to roll back down - And potentially print a new low in the near term ⚠️ Final Thought The market right now is extremely dynamic, shifting almost from hour to hour. That’s why the analysis may sound conditional — full of “if” and “should”. It’s not uncertainty, but adaptability. 🧠 P.S. - Keep an open mind. - Trade low size. - Be ready to change your view quickly if the market requires it. 🚀