#xauusd #Gold continues to hold the 3938 level on the daily. As long as it stays above that level, the possibility of an uptrend remains.

On the 4-hour chart, we will monitor the 4220-4382 resistance levels. If closes come in above 4382, it would mark the first higher high according to the most recent decline wave—one of the signals that the uptrend will continue.
If it remains above the falling blue trend, it will also break the falling trendline. In that case, further continuation of the uptrend can be expected, and it may try to test the peak again.
On the weekly timeframe, as long as it stays above the 3887 level, the rising trend is considered to be preserved.