๐จ $XAU RealโTime Update (Feb 1, 2026)
Gold is trading around $4,865โ$5,100 after a strong rally. Shortโterm weakness is showing, but itโs still above major support levels.
Technicals:
RSI: Neutral (~54), could dip a bit more but not oversold yet.
MACD: Mixed โ short-term momentum may be weakening, but long-term trend still bullish.
EMAs: Price is bouncing between short and long-term EMAs โ signals consolidation, not a full trend reversal.
Potential Dip Targets:
Near-term: $4,800โ$4,700
Deep pullback (low probability): around $4,000 if macro sentiment changes drastically.
Bullish Signs:
Whales are accumulating tokenized gold and withdrawing from exchanges โ long-term holding.
ETF and institutional inflows are still strong.
Central bank demand and geopolitical uncertainty continue to support gold.
Key Levels to Watch:
Resistance: $5,140โ$5,500+
Support: $4,800โ$4,700 (near-term), $4,000 (major support)
Takeaway: Short-term dips are possible, but overall gold remains structurally bullish thanks to strong demand and whale accumulation.
