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#SpotGoldHitsaNewHigh 📈 Current Market Pulse (Jan 21, 2026)
Spot Gold Price: Trading around $4,830–$4,850/oz after touching a session high of $4,885.
Primary Drivers: Geopolitical "shocks" involving NATO, trade war fears with Europe, and domestic uncertainty surrounding the Federal Reserve.
Technical State: The RSI is indeed deep in overbought territory (well above 70), which historically suggests a massive trend, but also raises the risk of a "blow-off top" or sharp correction.
🛡️ Strategy & Discussion
To answer your question about a surge past $2,250: since we are already trading near $4,850, the real psychological "boss level" for traders this week is now the $5,000 mark.
The Bull Case: If the rhetoric between the U.S. and European leaders continues to escalate, institutional "panic buying" could easily propel gold toward $5,000 before the month ends.
The Consolidation Case: Markets rarely move in a straight line. After a nearly 9% rise in just 30 days, a pull-back toward the $4,600 support zone would be a healthy "rest" for the bulls.