XAUUSD Technical Analysis 29th January 2026 1h chart

XAUUSD Technical Analysis 29th January 2026 1h chart
– It was a day for the history books as Gold (XAU/USD continued its relentless eight-day winning streak, hitting a staggering record peak of $5420.

– I’ll be looking for potential Buys above 5425.000 targeting Potential Key Levels at 5450s and 5475s.


– I’ll be looking for potential Sells below 5400.000 targeting 15min Support at 5376.000 Leaving Runners to the Strong Key Level around 5350s.


– As we move into the final trading days of January, the “buy the dip” mentality remains the dominant strategy. Today’s close is about more than just a price ticker, it represents a fundamental re-evaluation of gold’s role in a shifting global economy.