#xau, #Gold continues to close with buyers after hitting 4095 on the weekly chart. Only in the 4974-5247 range will a decision be made whether the decline is a reaction rally or if the upward trend will continue.

If it closes above the 5421 peak on the 4-hour chart, this expectation will be canceled, and a new attempt at a high could occur.
If, during the pullback, the 4552 bottom is broken on the 4-hour chart, the decline could deepen.
In the case of a decline, the 4095 bottom will be significant. Protecting it would strengthen the possibility of a rebound.