Asian morning session, international spot gold repeatedly confirms at high levels. Overnight, a rapid surge directly broke historical records, and the enthusiasm for the precious metals sector soared, with market participation clearly increasing.

However, with such a sharp increase, the risk of a pullback is also accumulating. Gold prices have risen too much in the short term, and holders are starting to take profits in batches. Technical indicators clearly show overbought signs. Without new positive news to support, a correction could come at any time.

Market sentiment is gradually becoming more cautious. The key is the upcoming Davos Forum and related meetings, where geopolitical uncertainties are causing risk-averse funds to hold back. This, in turn, limits the space for gold prices to continue falling—after all, if the situation changes, safe-haven buying will follow.