FX.co ★ XAU/USD, GOLD
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XAU/USD, GOLD
**GOLD** For this instrument today, a Decrease to 3610 is expected. Currently, this level acts as support, which buyers have secured on the growth path. So, I am holding onto this level as a reference point. The price reaction at this level will help determine the further trading direction. A breakthrough and consolidation below the level will signal further decline. A bounce back means it's not time yet. But it's unlikely that the bulls will easily give up their positions. Even a breakthrough of 2610 is not a guarantee of significantly weakening them. Unless there is a strong surge. I haven't seen that yet. Perhaps it will develop over time? For now, there is an attempt to break through 3645. Will it succeed? A move above 3678 will cancel the southern correction. GOLD: