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$XAU #Gold 4023 continues to maintain its bottom, so the potential for an upward movement persists.
If it closes above 4366 (meaning it stays above for a day), the rise could continue up to 4598 levels.
If it lingers for one or two days on a level above the declining blue trend, the real upward movement will then continue.
It may attempt to reach the peak again.
We will follow the breakout of the declining trend; it could occur around 4700. The breakout level may vary depending on the angle of trend development. The rise could continue up to the previous peak with the trend breakout.