#xauusd #Gold: The 4038-4003 Fib support zone (0.618-0.786) worked and a rise came.


It may try to break the 4220 resistance. When the 4220 resistance is broken, the next resistance is at the 4382 level.
If there are closes above 4382, then according to the last decline wave, the first high peak would form. 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 diagonal trend. In that case, further continuation of the uptrend can be expected. And it could try the previous high again.
On the weekly timeframe, as long as it stays above the 3887 level, the rising trend is preserved.
XAUUSD1.10%
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