🟡 Gold ($XAU ) Eyes the Historic $5,000 Milestone!
The "Yellow Metal" is putting on a masterclass in bullish momentum. As of January 24, 2026, XAU/USDT is hovering at 4,992.25, just a breath away from the massive psychological barrier of $5,000. 🚀
📊 Chart Breakdown:
Trend: Firmly Bullish. We are seeing a classic "higher high, higher low" structure on the 15m and 1h timeframes.
Indicators: The price is currently riding above the MA(99) (purple line), showing strong long-term support. However, we are seeing some short-term consolidation near the local high of 5,009.38.
Momentum: A slight cooling off in volume suggests traders are catching their breath before the next big push.
🧠 Market Sentiment:
Gold continues to act as the ultimate safe haven amid 2026's global macro shifts. With institutional targets now shifting toward $5,400, the dip-buying appetite remains high.
Key Levels to Watch:
🔴 Resistance: $5,000 - $5,010 (The Big Boss level)
🟢 Support: $4,978 (MA 99) and $4,916 (Recent Low)
Is this the final consolidation before we blast past $5k for good, or are we due for a deeper retest? Let me know your moves in the comments! 👇
#Gold #XAUUSDT #TradingAnalysis #BinanceSquare #SafeHaven $XAU
