“Gold Continues to Reach New All-Time Highs | Analysis – 29 Jan 2026”

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Gold prices (GOLD) surged during recent intraday trading, continuing to set new record highs after surpassing the $5,400 resistance level highlighted in our previous analysis. This strong performance occurs amid the prevailing short-term bullish trend, with price action supported by a minor trendline reinforcing the upward trajectory.

Although relative strength indicators have started to show negative signals after reaching extreme overbought levels, the price has maintained its upward momentum, reflecting the strength of the dominant bullish trend.

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