An additional signal in favor of raising the XAU / USD quotes will be a test of the support area on the relative strength index (RSI). The second signal will be a rebound from the upper border of the bearish channel. Cancellation of the option to raise the price of GOLD on October 14, 2021 will be a fall and a breakdown of the level of 1715. This will indicate a breakdown of the support area and a continued fall to the area below the level of 1685. Expect an acceleration of the rise in XAU / USD quotes with the breakdown of the resistance area and closing of the price above the level of 1825.
Have a nice trade!
Have a nice trade!