$XAU Update: Gold Climbs to $4,575 Record Highs on Intensifying Powell DOJ Probe – BTC Coiled for Rotation Amid Tariff Delay! 📊⚖️ January 12, 2026
Traders,(global close approaching): XAU pushing deeper into record territory at ~$4,575/oz (+1.5%+ today), fueled by escalating Fed independence crisis (DOJ subpoenas & criminal probe threats against Chair Powell over HQ renovations testimony) weakening USD, plus persistent geopolitics & central bank demand.
✍️ Key Insights (Deep Trending Focus):
🔴 Catalyst: Powell probe ramps up Trump-Fed clash (subpoenas Friday, potential indictment) → rate-cut bets surge, DXY cracks at 107 support. Venezuela/Iran risks & China’s 14-month gold buying tighten supply.
🔴 Technical: Strong breakout above $4,550 — support solidified at $4,520-$4,550, resistance eyeing $4,700+ (RSI bullish extension). BTC holding ~$91K-$92K gamma pin, BTC/Gold ratio oversold — liquidity rotation watch if Supreme Court tariff ruling (next Jan 14) unlocks $140B+ inflows.
🔴 Context: Gold asserts hedge dominance in macro turmoil; BTC duality as "digital gold" poised for catch-up if risk-on returns post-tariff clarity.
✍️ 2026 Structural Bullish Forecasts (Top Banks):
📌 Goldman Sachs: $4,900 year-end target, sustained by central bank demand & inflation hedges.
📌 JP Morgan: $5,055+ Q4 average target, geopolitical premiums & USD debasement drivers.
Pro Tip: Binance Futures — strict 1% risk rule on vol spikes. Long Gold around $4,550
support (stops below $4,500); monitor BTC/Gold ratio <20 for BTC rotation entries. Fade initial probe/news reactions, scale on confirmed flows to preserve capital!
Your take? Will Powell probe push Gold to $5K first, or tariff clarity (Jan 14) spark BTC rotation to $100K? Share key levels & plans below! 🔥
Tag a fellow trader tracking these macro fireworks!
