#xauusd #Gold is trading below the 4023 level we are also tracking on the daily chart. While the decline continues, positive divergences have started to form on the RSI, indicating that the power of the decline is weakening. This is one of the signs of a potential rise. Of course, with divergence, the price could fall further. But it is assessed that the power of the decline has decreased.

One of the signs that the rise will continue will come from staying above 4220 on the 4-hour chart.
Additionally, if daily closes occur above the 4366 peak, the rise could continue further.
When the falling blue trendline is broken, it may retest the peak again.
Looking at the weekly chart, as long as it remains above the 3887 level, the uptrend is preserved.