#xauusd #Gold is holding the 3938 level on the daily chart, which indicates a possible upward move.


On the 4-hour chart, we are tracking the resistances at 4220–4382. If closes come above 4382, it will mark the first higher high according to the most recent decline wave. This will be one of the signals that suggests the uptrend will continue.
If it stays above the falling blue trend, it will also have broken the falling trendline. In this case, further continuation of the rally can be expected. And it may test the previous peak again.
On the weekly chart, as long as it stays above the 3887 level, the rising trend is considered intact.
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