SHORT

MONTHLY . XAUUSD ends the trading week with strong growth near the 2000 area. XAUUSD quotes continue to move as part of the RANGE and the bullish channel. Prices have gone up from the area between the signal lines, which indicates pressure from buyers and a potential continuation of price growth. At the moment, we should expect an attempt to develop a decrease in prices and a test of the support level near the 1800 area. Further, the continuation of the decrease in the price of Gold with a potential target below the level of 1600.