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The ounce of dollars, which completed the week with harsh movements, closed the closing of $ 2386 and actually made a correction of a kind of 2480 summit. Although it is likely to be in search of balancing within the rising channel for a while, the movements over 2400 will continue the upward appetite.2480 Dollars have become an important resistance for ounce of gold and we can understand that it comes back to the level on a weekly basis. Gold, where the weekly closing is held at 2443 levels, supports ourselves 2430 in the new week and continues to follow the transactions over these levels.

Completing the week with sharp movements, the ounce dollar closed at $2386, and in fact, it seemed to have corrected the peak of 2480. Although it is likely to seek a balance within the ascending channel for a while, movements above 2400 will continue the upward appetite.

XAUUSD, which appears in a triangle formation on the daily chart, provides supportive pricing for upward movements. We see that the upward momentum is high in technical terms, and this is confirmed by closings outside the triangle formation. In trading strategies that believe the direction is up, support and resistance levels are followed and take profit/stop loss levels are adhered to. While the levels we will target above are 2416 - 2428, the answer to whether we will see new peaks will be pricing above 2450. The levels we will follow in order to be prepared for possible withdrawals or to target buying are 2384 - 2387 and 2349.