An additional bullish signal for XAUUSD is a test of the trend line on the RSI indicator. Another confirmation comes from a rebound off the lower boundary of the bullish channel.
If Gold falls below $2,865 on March 12, 2025, it would signal a breakdown of the support zone, potentially extending the decline toward $2,845.
However, a breakout above $2,935 would confirm an exit from the bearish correction phase, accelerating growth with a target above $2,975.
A short-term correction toward $2,895 remains possible before the next upward move. A drop below $2,865 would invalidate the bullish scenario, indicating a deeper decline below $2,845.