FX.co ★ XAU/USD, GOLD

It is worth noting that we are seeing a strong upward movement on GOLD today. We are steadily growing and currently pushing to the north. The sad part is that we are not attempting a pullback, but would like to see a significant correction. However, in any case, we still have room to move further because we can already talk about a level around 5090, so there should be a push higher. Moreover, on Friday, the Asians started this local upward movement, and again a correction is needed. In general, if the targets around 5090 remain valid, and if we still drop below 4800, preferably 4765, then I only consider buying at that level.