Today, January 28, 2026, Gold (XAUUSD) is exhibiting historic bullish momentum, trading near record highs around $5,230 - $5,245. The primary driver is a weakening US Dollar and heightened safe-haven demand ahead of the Federal Reserve’s policy meeting later today. While technically "overbought" on the RSI, the trend remains firmly upward. The possible next move is a push toward $5,300 if the Fed maintains a neutral-to-dovish tone. Conversely, expect a minor corrective dip toward $5,160 if profit-taking occurs, though buyers are currently aggressive on any slight retracement.



Professional Trading Zones

Zone Type,Price Levels,Strategy
Sell / Resistance,"$5,285 – $5,320",Profit-taking zone; watch for bearish reversal candles.
Buy / Support,"$5,150 – $5,170","""Buy the Dip"" zone; strong structural confluence."
Deep Support,"$5,100 – $5,120",Major floor; trend remains bullish as long as this holds.

Important Notes for Tonight:
The 12:00 AM Spike: This is when the initial "algorithmic" move happens. Gold often spikes in one direction and then reverses within minutes.

The 12:30 AM Trend: Jerome Powell’s press conference usually defines the real trend for the next few days. Listen for clues about whether they will cut rates in March or keep them high for longer.

Volatility Warning: Liquidity can thin out during these hours. It is generally safer to lower your lot size or wait for the initial reaction to settle before entering a trade.

#GoldBreaksAbove$5,200
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