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Gold
Decided to close in the Al-Hira area
It rose during the week and was unable to close above 4800
And it fell, but it did not close below 4700
It broke through an important bearish trend, but the upward move still lacks momentum
As long as we trade below 4800-4860, the rally will lose momentum, and we will correct to
4700
4660
4580
Breaking the last one is negative and will take us again to areas of 4400-4360
The only positive is with a breakout with momentum and a daily close above 4860
It means it is leaning toward negativity, and with the decline—so long as we trade below 4860, and the targets are above
$XAUUSD $XAUUSD200 $XAUUSD100