When we look at the gold chart, #gold, the buyers are still not strong. A correction possibility continues.

If the 4646 bottom remains above an important level, it could rise toward the pink box area. This region, between 4831-4871, may act as resistance.
If it stays above 4871, the upward movement could continue toward the 4900-5119 region. This area may serve as resistance. If it closes above the 5421 peak, the continuation of the rise is expected.
To get a clear signal, we are monitoring the 4646 bottom. If it breaks, the decline continues. It could fall toward the Fibonacci 0.618 support at 4382. If it bounces off this support, a new attempt to rise may occur.
If the decline continues further, the last bottom where a reversal occurred, at 4046, could serve as support.
Looking at the main structure, after a long upward movement, it is now in a resting phase. There is still a possibility of testing the high.