#xauusd #Gold in the daily chart shows that the possibility of an upside move continues while it keeps the 3938 level.


On the 4-hour chart, we will watch the 4220-4382 resistance levels. If closes come in above 4382, it would mark the first higher high according to the last decline wave. This will be one of the signals that the uptrend will continue.
If the uptrend continues and stays above the falling blue trend, it will also break the falling line trend. In that case, further continuation of the uptrend can be expected. And it may test the previous peak again.
On the weekly chart, as long as it stays above the 3887 level, it means the rising trend is preserved.
XAUUSD1.59%
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