#VIX #index
VIX 4H - This is the reason Gold and Silver are confused. Fear is coming back.
What I see:
Pink box $14.00 - Major demand. VIX has hit this level 3 times now - late August, early September, and now. Every time it hits $14, it bounces hard. This is the absolute floor for volatility.
Price now $16.25, up 7.12%- That green candle today broke the small range you marked at $15.30. That's a BOS for VIX.
arrow to $21.00 - Correct. That is the July/August high. VIX is going back there.
What it means for your other charts:
This is why Gold was pushing to $4,375 on the 1H chart but then dumping to $4,235 on the lower TF. Market is hedging.
VIX up to $21 = Stock market down / risk off. In risk-off, Gold should actually go UP after the $4,235 sweep.
So full picture:
1. VIX bounces from $14 -> $21 (fear up)
2. Gold sweeps $4,235 (your target from last chart) then reverses HARD up to $4,375+
3. Silver from $64.37 already front-ran this - it bounced first.
Direction for VIX: BULLISH to $21. Buy dips near $14.20, SL below $13.80.
When VIX hits $21, expect Gold to be back at $4,400.