According to The Kobeissi Letter, the Volatility Index (VIX) has returned to normal levels despite lingering market uncertainty. The Kobeissi Letter notes that if the VIX experiences another spike, it could trigger significant volatility and explosive price movements in gold. Traders are advised to monitor the VIX closely for signals of impending shifts in gold trading opportunities, as real-time updates are provided by The Kobeissi Letter (source: @KobeissiLetter on Twitter, May 5, 2025).