$XAU #Gold As long as it maintains its 4023 support level, the upward movement can continue.


It reached the 4366 resistance; if there is a pullback from the resistance, the 4154 Fibonacci 0.618 support could hold, and buyers may come back here.
If a close is made above 4366, the rise could continue up to the 4598 level. Staying above it will be a sign that the upward trend will continue.
The real rally will occur if it closes above the falling blue trend. It may test the high again. We will follow the breakout of the falling trend. A breakout could occur around 4700. The breakout level may vary depending on the angle of trend development. I will share it with you when it breaks.
XAU0.24%
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