$XAU
$XAU (Gold) prints a new record high around $4,600 — and the trend remains intact.
A lot of traders have been asking for an update on Gold, so here’s a fresh breakdown after reviewing the chart again. The market structure is still clearly bullish. Price continues to form higher highs and higher lows, momentum is building rather than fading, and buyers remain firmly in control. This move isn’t a one-off spike — it’s the natural continuation of a strong, well-established uptrend.
I’ve been pointing out the bullish setup on Gold since earlier stages, and price is now following through as anticipated. As long as Gold stays above its key breakout areas, any pullbacks are likely to be brief and quickly absorbed. This is price action you see in a trending market, not a distribution phase.
Stay disciplined, respect your risk management, and don’t underestimate the power of sustained momentum when a trend is firmly in place.