An additional signal for growth in XAU/USD is the test of the support line on the RSI indicator. Another supporting signal is a rebound from the lower boundary of the bullish channel.
If Gold prices drop below 2,645, this invalidates the growth scenario and suggests a further decline toward levels below 2,605, indicating a breakout of the support zone.
On November 22, 2024, a temporary bearish correction might test support near 2,655, followed by a continuation of the upward movement. A breakout above the 2,680 resistance level, with prices closing higher, would signal an acceleration of growth toward a target above 2,715.