#xauusd #As long as it stays above 3938 on the daily, the possibility of an uptrend remains.

If buyers strengthen within the 4043-3988 Fibonacci support zone, there could be another attempt upward.
On the 4-hour chart, we will watch the 4220-4382 resistance levels. If closes come above 4382, it would mark the first higher peak according to the most recent downtrend wave. This will be one of the signals that indicates the uptrend will continue. If it stays above the falling blue trend, it will also have broken the falling trendline. In that case, further continuation of the uptrend could be expected. And it may test the previous high again.
On the weekly timeframe, as long as it stays above the 3887 level, it means the rising trend is preserved.