Give analysis as previously given, Gold (XAUUSD) in Major 5325-Point Correction

2026-01-28

The XAUUSD market has undergone a dramatic reversal, with price falling 5325 points from its all-time high of 5,133.19 down to 4,808.19 (5,133.19 - 5.325 = 4,808.19, approximately). This represents a significant 10.4% correction, marking the deepest pullback since the parabolic rally began.

• Current Price: 5274 (approx based on -5325 from 5,133.19)

• Immediate Resistance: The breakdown level at 5325 now acts as strong resistance

• Key Support: Current critical support at 5,133.19 - a break below this would target 4,686.69 next

• Major Distribution Zone: The area between 5,050.86 and 4,942.62 confirmed as major supply

• High/Low: All-Time High = 5,133.19, Current Low = 4,808.19, Correction Depth = 5325 points (10.4%)

• Sell Zone: Any retracement toward 5320-5345 presents optimal short entries

• Buy Zone: Only a sustained break back above 5,133.19-5,100.19 would suggest correction completion

Analysis: The 5325-point decline represents a classic parabolic blow-off top followed by a sharp correction. The momentum has clearly shifted bearish short-term. The depth of this correction suggests market may be transitioning from a pure bull market to a consolidation phase. Watch 4,778.61 support closely - if broken, expect acceleration downward.