XAUUSD shows signs of growth. The first signal for further increase is testing the trend line on the RSI indicator, while the second is a rebound from the lower boundary of the ascending channel. If the gold price breaks support at 3055, it could indicate a further decline towards 3005.
A short-term correction down to 3085 is possible, followed by continued growth aiming above 3205. The bullish scenario would be invalidated if 3055 is breached, potentially leading to a further drop below 3005. The likelihood of an accelerated decline increases if the price closes below 3135.