Nvidia failed to clear key resistance at $200 following its latest results, suggesting a potential pullback. A looming dispersion unwind and $137 billion in Treasury settlements may now trigger higher market volatility.

The Volatility Index has climbed steadily since December, yet this rising market anxiety remains largely overlooked by investors. This persistent upward trend suggests hidden risks may soon trigger a sudden volatility spike.

Gold surged past $5,150 as escalating US-Iran tensions and tariff uncertainty drove safe-haven demand.