#xauusdt Insight

On Feb 4, $XAU (gold) ETFs saw a massive $4.4 billion in inflows. Large-scale funds are viewing the recent $4,400 bottom as a generational entry point caused by a temporary liquidity crunch rather than a change in fundamentals.

The flush to $4,400 removed nearly $3.5 trillion in leverage. With the Daily RSI rebounding from 20 (extreme oversold), the path of least resistance is currently upward toward the $5,200 gap-fill.

If Gold can sustain a daily close above $5,100 level, the bearish Falling Wedge is officially dead, and the 2026 bull run resumes. However, keep an eye on Friday's delayed US job data, as any surprise USD strength could stall the rally.

XAU
XAUUSDT
4,824.63
-0.68%