A potential sign of XAUUSD price growth is the support test on the Relative Strength Index (RSI). Additionally, a bounce from the lower boundary of the bullish channel signals further upward movement.
However, the bullish outlook may be invalidated if the price falls below 2,580, breaking through the support zone. This would suggest continued downward momentum, with a possible decline toward 2,545.
For the bullish scenario to play out, watch for a break above the resistance level, with a close higher than 2,675, signaling a stronger upward trend. In this case, we could expect further growth, targeting prices above 2,815.
Conversely, a test of the 2,615 support level might indicate a temporary bearish correction before the price resumes its climb. If the price fails to hold above 2,580, we may see a deeper drop, with the potential to reach below 2,545.
In summary, XAUUSD is poised for growth, but key levels to watch are 2,580 for bearish confirmation and 2,675 for bullish acceleration.