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#xauusd #Gold Buyers came from the bottom at the weekly close. There was also a close above the 4023 level we track on the daily.
The first sign that the rise will continue will come with it staying above 4220 on the 4-hour chart.
Additionally, if closes come above the 4366 peak on the daily, the rise may continue further. We are also tracking the falling blue trendline. If it stays above it, it may retest the peak again.
When we examine the weekly chart, since it has maintained the 3887 level, we see that the rising trend we track on the weekly is preserved.