In my limited understanding the following will decide the flow. 1. Treasury Intervention: U.S. govt's buyback of long-dated bonds to cool yields raised market concerns over currency debasement. 2. Debasement Trade Resumes: major investors heavily buying gold to hedge against a compounding $40 trillion national debt and fiat dilution. 3. Geopolitics: Ongoing conflicts in the ME and global trade sanctions further driving safe-haven demand into gold. 4. Strong Institutional Backing: Major firms maintain structural long-term targets pointing toward the $6,000 mark by year-end. 5. Crtical near-term Catalysts: sustainability of rally rests on upcoming PCE inflation data and the Fed’s policy tone. Till then happy investing.