March 28, 2026: $XAUT Gold 1H
Yesterday, gold was bought again at 4388, and the decline starting from 4602 does not conform to the guiding wedge nor the impulse wave. It is seen as a retracement against the rise of the white line, representing the first part or all of the adjustment, while the yellow line may be the second part. The minor support is at 4392, and this adjustment may be a horizontal contraction type. After the adjustment ends, there is still a possibility of continuing to rise.
XAUUSDT
Perp
4,534.96
+0.73%
PAXGUSDT
Perp
4,530
+0.53%