XAU/USD trades at $5,266 after reaching a record high near $5,600. Fears of an AI bubble reignited, driven by poor earnings reports by MSFT, whose shares are plunging 12%. On Wednesday, the Fed maintained the status quo, keeping rates unchanged after revealing an improvement in the labor market. The Relative Strength Index (RSI) has moved from around 89 to 79, an indication that some traders are booking profits. If XAU/USD extends its losses below $5,100, traders should look at $5,000 as the next line of defense for buyers.