FX.co ★ XAU/USD, GOLD

Of course, we still have an upward movement on GOLD. Moreover, on Friday, we managed to update the highs. Personally, I didn't expect it to happen so quickly, but that's how it turned out. However, we couldn't hold above 4871, and on Friday, the price started to decline or pull back. I would like to see gold go even lower, which I don't rule out. But for me, there are no clear immediate targets from either side anymore. It's also worth noting that a lot depends on the demand for the dollar, which was trading in different directions. In general, I don't consider making deals at these price levels. However, if we manage to climb back above 4871, then I will consider selling there.