Gold futures are charging toward the $4,000 milestone, backed by firm bullish positioning, rising implied volatility, and strong technical momentum. While sentiment remains supportive, traders are also hedging with downside protection, hinting at heightened swings as prices press higher. With positioning, volatility, and technicals aligning, gold’s rally remains intact — but traders should be alert for shakeouts as $4,000 comes into view. Market positioning in gold futures remains notable as traders show no signs of reaching a sentiment extreme despite surging prices. The latest Commitment of Traders (COT) report ... (full story)