#SpotGoldHitsaNewHigh 🟡 Gold Breaks $4,800/oz — Risk-Off Rally or Blow-Off Top?
With risk-off sentiment accelerating, spot gold has surged ~10% in just 20 days, decisively breaking above $4,800/oz. This is not a normal move — it signals a major shift in global capital behavior.
The key question now:
👉 Is this the start of a new gold super-cycle, or a short-term overcrowded trade?
📌 What’s Driving Gold Higher? (Macro Breakdown)
1️⃣ Risk-Off Capital Rotation
Rising geopolitical tension, trade risks, and policy uncertainty are pushing capital out of risk assets
Gold remains the primary hedge