The probability of the price growth remains.

On the daily chart, the development of an upward third wave of the higher degree (3) continues, within which wave 3 of (3) and a correction as the fourth wave 4 of (3) have formed, and the fifth wave 5 of (3) is forming. At the moment, the leading first wave of the lower degree i of 5 is developing, within which a correction as the second wave (ii) of i has completed, and the third wave (iii) of i has started. If the assumption is correct, the XAU/USD pair will grow to the area of 71.00–78.70. The critical stop loss level for this scenario is 54.70.

XAG/USD pair is trading at 60.00, continuing the correction that began in late August as a result of escalating geopolitical tensions in the Persian Gulf region.