Gold price dips toward $2,167, spurring a leg up toward the $2,170 area at around the same time the Relative Strength Index (RSI) made a U-turn and aimed upwards. Nevertheless, buyers must reclaim the $2,200 figure to keep the uptrend unchanged. That will pave the way for re-testing the all-time high of $2,223.
On the flip side, if sellers push prices below the December 4 high, which turned support at $2,146, that could exacerbate a sell-off and send XAU/USD prices diving toward $2,100. The next support would be the December 28 high, which is $2,088
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