Spot gold opened Monday by smashing through the former main top at $4381.44, extending the rally into uncharted territory and printing fresh all-time highs above the $4,400 handle. The move reflects aggressive upside participation rather than short covering, with traders showing little hesitation to buy strength despite stretched positioning. This breakout is unfolding as liquidity thins ahead of Christmas, amplifying directional moves and rewarding momentum-based strategies. With few sellers willing to step in and stops repeatedly triggered above prior highs, gold continues to trade as a one-way market. At 11:14 ... (full story)