$XAU

XAU
XAUUSDT
3,983.74
-3.38%

Gold 4-hour chart.

The first trading opportunity for gold this week is a buy opportunity.

The price reached the monthly pivot level, which coincides with the lower channel line, and bounced upwards.

I entered a buy order with a stop-loss below 4980.

The take-profit level is 5085.