#XAU XAU Gold From a price trend perspective, gold seems to have entered a fast-paced phase, with wider trading ranges and a much faster pace, often involving fluctuations of several hundred points. This recent high was largely in line with expectations, with the reference high of 5600 mentioned in previous gold analyses. A 20% correction followed, and the current low is expected to be within the 0.618-0.786 range. The four-hour candlestick found support near the 0.618 level!