FX.co ★ XAU/USD, GOLD

Of course, when it comes to GOLD, there hasn't been much change in the sense that the upward movement continues. We have once again hit new highs, although I personally didn't think it would happen so quickly. Previously, we reclaimed the area around 4785 and seemed to constantly update the lows, trying to establish below. However, all declines were bought up, indicating that buyers are still strong. Although during Friday's growth, there was no pullback before hitting new highs. It's worth noting that in the end, we couldn't manage to stay above 4871. That's why I am looking south, and if we climb above 4871 again, I wouldn't rule out selling, but only with a stop.