On Thursday, a minor USD move could occur due to the weekly US Unemployment claims release at 13:30 GMT.
On Friday, the value of the US Dollar is most likely going to adjust to the publication of the US Consumer Price Index and Core Consumer Price Index changes at 13:30 GMT.
Click on the link below to find out more about data releases of this and other currency exchange rates.
XAU/USD short-term forecast
If the bullion's price continues to surge, it would most likely test the resistance of the 1,800.00 mark and the upper trend line of a minor channel up pattern.
On the other hand, a decline might find support in the 50, 100 and 200-hour simple moving averages in the 1,780.00/1,785.00 zone. Below the SMAs, the lower trend line of the channel pattern might act as support.
XAU/USD daily charts review
On the daily candle chart, the metal has passed the trend line, which connects the August, September and November low levels.Meanwhile, the 50, 100 and 200-day simple moving averages were at the trend line.
Daily Candle Chart
Traders remain long
Since Monday, the sentiment on the Swiss Foreign Exchange was 62% bullish, as 62% of open position volume was in long positions.
Meanwhile, in the 1000-pip range around the metal's price pending trade orders were 71-80% to buy the precious metal.