Gold (XAU/USD) Market Strong Bullish Momentum with Controlled Pullbacks

Hey folks, just wanted to drop a quick update on gold (XAU/USD) because it's been absolutely ripping higher lately and I know a lot of us are watching it closely.
Gold's still in a really strong bullish trend, pushing fresh all-time highs above $5,100 now. On the bigger picture (daily/weekly charts), everything looks solid – no real cracks in the structure yet. It's being driven by all the usual suspects: geopolitical mess keeping people nervous, the US dollar staying soft, expectations for Fed rate cuts later in 2026, and central banks quietly stacking more gold like there's no tomorrow.
That said, on the shorter timeframes (M15 to H1), we've seen some healthy little pullbacks today. To me, these aren't red flags at all – just normal breathing room in a strong uptrend. Profit-taking, some consolidation, letting the momentum reset before the next push. Price is still sitting comfortably above the 50 and 200 MAs, RSI is holding in bullish territory without getting wildly overbought, and ATR shows plenty of volatility, meaning real players are involved.
If you're looking to get in or add on dips, here's how I'm thinking about it:
$20–35 retracements feel like gift zones for buying the dip.
$40–60 is still fine if we get a clean bullish rejection (strong candle bounce).
Anything deeper than $70–80 starts making me a bit cautious – could mean we're heading into longer consolidation.
As long as gold keeps respecting those higher lows and stays above key supports, I'm staying firmly on the bullish side.
Personally, I'm trying to be patient here – chasing the impulsive moves up top feels risky. Waiting for those controlled pullbacks and then seeing confirmation usually gives better entries.
What about you guys? Still riding the bull or taking some profits? Let me know in the comments.
As always, not financial advice – just sharing my thoughts on the charts. Trade safe and DYOR.