$XAU is maintaining a powerful bullish trajectory, currently trading at a record high near $4,407 after surging during the Asian session.

This rally is fueled by persistent geopolitical tensions and expectations of softer U.S. monetary policy in 2026, which have driven safe-haven demand to unprecedented levels.

While the immediate momentum remains strong with upside targets eye-balling the $4,500 mark, technical indicators like the 14-day RSI (at approximately 80%) signal that the market is deeply overbought, suggesting a potential for short-term consolidation or a corrective "reset" toward support zones at $4,350 before further gains.

XAUUSDT

Perp

4,424.98

+1.89%