FX.co ★ king.zelda | XAU/USD, GOLD

On the daily chart, GOLD price rose throughout Thursday, testing the resistance at 2330.83. After a pullback, I thought it might close below that level, but Friday opened above it. Therefore, today the priority was growth towards the resistance at 2353.33. At the very least, I expected the price to test the resistance, and at most, to close above it. However, as we can see, the price did not test the resistance, and it is likely to close around 2330.83. If that's the case, then I will prioritize growth for Monday. Again, targeting the resistance at 2353.33. If the price drops and closes below 2330.83, the priority will shift to a decline towards the support at 2307.64.