Spot gold just exploded from $4,600 to over **$4,820** after Trump announced a two-week Iran ceasefire pause! The news triggered a massive risk-off rally that caught many off guard.
⚠️ But here's the catch: 1H & 4H indicators are now severely overbought, flashing a short-term pullback risk. Some analysts are warning of a potential retrace toward $4,580–$4,600.
Your move: Ride the momentum but keep stops tight. If you missed this leg, wait for the dip – chasing here could be dangerous.