Gold (XAU/USD) is currently showing strength, approaching key resistance levels. If it breaks above these levels, it could continue its upward trend. However, if it faces rejection, a short-term pullback is possible.
Support levels provide a safety net in case of declines, while fundamental factors like economic data and geopolitical tensions are influencing its movement. Overall, gold remains in a strong position, but short-term fluctuations are likely based on market developments.