Chart alert: Gold (XAU/USD) eyeing $5,000 and beyond as bullish acceleration intact
Key takeaways Gold’s bullish acceleration remains intact: XAU/USD has broken above key supports, hit new all-time highs near US$4,970, and is now eyeing the US$5,000–5,150 zone, with momentum indicators confirming upside continuation. Geopolitics are the dominant macro driver: Rising US–NATO tensions and “sell America/de-dollarization” narratives are lifting geopolitical risk premiums, reinforcing gold’s role as a…