XAUUSD Set for Further Upside
Gold OANDA:XAUUSD
First, XAUUSD is pushing higher after recovering strongly from the recent lows.
Price is now holding above the marked support zone, suggesting buyers are gradually regaining control. If this area remains protected, the next major objective sits around 4,115, where sellers previously stepped in with strength.
By the looks of it, momentum is still leaning in favor of buyers.