XAU Mid-Day Analysis: Gold Steady at ~$4,533 – Central Banks Fuel the Ongoing 72% Rally into 2026! 📈🏦 December 29, 2025
Traders, mid-day update: $XAU holding steady around $4,533 per ounce (range $4,475-$4,550, calm post-weekend per latest data). 2025 has delivered an incredible 72%+ YTD rally – one of the strongest performances in decades – and the momentum is far from over, thanks to relentless central bank demand! 😎
Detailed Mid-Day Breakdown:
Current Trend & Levels: The price is in healthy consolidation after hitting record highs. Key support remains firm at $4,500 (near the 200-day moving average). Resistance at $4,550 – a clear break above this level with increasing volume could open the door to $4,600+ targets this week. Pullbacks to support are normal in bull markets; they offer high-probability long entries for patient traders.
Central Bank Demand – The Real Engine: According to the latest World Gold Council data, central banks added ~254 tonnes net through October 2025, with a strong rebound in Q3 and Q4. Emerging markets like Poland, China, and Turkey are leading the charge
This strategic buying (driven by de-dollarization, inflation hedges, and reserve diversification) creates a solid price floor, absorbing supply even at these elevated levels. Historical patterns show that sustained central bank purchases of 750-900t+ annually provide long-term bullish support.
Psychology & Risk Reminder: In quiet markets like today, FOMO can trap impulsive traders into fake breakouts. Most losses come from overtrading or revenge entries – not from the market itself. Stick to high-probability setups: Wait for confluence (e.g., support bounce + volume spike + RSI confirmation).mm
2026 Forecasts Remain Highly Bullish:
Goldman Sachs projects $4,900 by end-2026.
JP Morgan sees Q4 averages at $5,055+, with upside potential to $5,200-$5,300 if quarterly buying stays around 585 tonnes.
Pro Tip for Consistent Wins: On Binance Futures, always size positions correctly (risk no more than 1% per trade), use 5-10x leverage max for $XAU, and set stop-losses below key support. Trade the plan, protect capital, and let the trend work for you! 🚀
What's your mid-day take on $XAU? Are you waiting for a pullback or eyeing the breakout? Share your setups or targets in comments – let's build wins together! 🔥 Tag a fellow trader!
