XAU/EUR Gold prices forecast : key prices 1633.50 and 1652.47

Gold prices seem to be in the process of confirming the bottom of the correction. The gold prices in euro (XAU/EUR) attract the attention. It is still hard to know whether the correction has been completed. When they secure 1633.50 level, we may say they have confirmed the bottom of 1586.63 on September 24, 2020. When they get over the 1652.47 level, it will be a sign that they will do a new rise. It would be better to watch outside the market for now.

[XAU/EUR Gold prices in Euro, daily chart]