$Gold ($XAU ) has smashed through its historic $5,500 all-time high! The price action shows solid strength with aggressive buying, keeping the momentum firmly bullish. As long as $XAU stays above the 5,450–5,500 support zone, the uptrend is likely to continue.
Long Trade Setup:
Entry: 5,490 – 5,540
Targets: 5,595 → 5,640 → 5,700
Stop Loss: 5,400
The trend favors continuation over reversal