XAUUSD

After the US 10-year Treasury bond interest approached 4.20%, it pulled back to 4.15%, and in the short term, ounce gold recorded an outlook that limited its retreats. When we technically evaluate the short-term ounce gold pricing, we are following the 2021-2030 region, which is currently supported by the 34 (2023) period exponential moving average. Permanent pricing above the 2030 level may be needed for the positive expectation to be reinforced. In possible recoveries, 2040 and 2052 levels may be on the agenda. In order for negative expectations to come to the fore, permanence below the 2012 level may be required. In possible declines, 2012 and 2003 levels may be encountered. At this stage, the reaction of the 2003 level can be monitored in order for the retreat trend to continue. Support: 2012-2003 Resistance: 2040-2052