FX.co ★ XAU/USD, GOLD

Hello traders, It's very interesting with GOLD today because it continued to rise, breaking above 4255. I thought there would be a stop, but it turned out differently as it sharply dropped and is now trying to move even lower. However, the main upward movement has not disappeared. Moreover, we have formed another consolidation around 4264. Yet, I would like to see a more significant pullback to consider buying later on. Of course, it's worth noting that the dollar tried to grow today, despite receiving negative indices. For now, I am looking south as the pending order from 4248 was triggered, the stops were not hit, and I have now moved them to breakeven.