#XAUUSD #gold If the market opens sharply higher on Monday, we should then watch whether the resistance level of 4765 can be broken. If it breaks through and holds above that level to reach new highs, we should then watch the 4780-4800 level. The bullish trend should continue step by step, with further resistance levels at 4850 and even 4900.
If the market falls on Monday, we should watch whether the support level of 4650-4660 can be broken. If it breaks, we should then short and watch the 4600 support level. After that, we should observe the continuation of the bearish trend. If it starts to fluctuate and trend downwards in a one-sided manner, we should then watch the 4550 level and even the previous low of 4500.
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