Gold market (XAU/USD) is showing positive signs. The price of gold has been steadily rising, reaching its best levels since mid-June, driven by lower-than-expected US inflation. The XAU/USD gold price rose towards the $1960 resistance level, and the market is on track to achieve weekly gains of 2% and an annual increase of 7.3%. The gold price has completed a positive pattern, confirming the breach of the 1945.20 level, which supports the chances of further rise in the upcoming sessions. The next target is at 1977.25, and breaching it could lead to a rally towards the psychological resistance level of $2000 an ounce. However, if the gold price returns to the $1920 support level, it could indicate a stronger bearish control.