XAU/USD is expected to continue its rise in the short term, reaching a new all-time high (ATH) this week. After a period of ranging and consolidation, where the price remained within a relatively tight range, the upward momentum is expected to resume. This suggests a bullish sentiment in the market for the gold/US dollar currency pair. However, it is important to note that market trends are influenced by various factors and can change rapidly. To make accurate predictions or assessments, it is advisable to consult up-to-date market analysis and seek guidance from financial professionals who have access to the latest market data and tools.