XAUUSD

The ounce of gold may continue its upward trend as long as it remains above the 2440-2450 region. In this case, movements towards the 2470 and 2482 levels can be expected. In particular, the 2470 level will be critical for the continuation of positive expectations. Alternatively, if it falls below the 2440-2450 region, a negative outlook may emerge and pullbacks towards the 2431 and 2425 levels may be observed.