XAUUSD

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XAUUSD

In the middle of the week; the effect of the US 10-year Treasury bond interest moving around the 4.48% rate, the ounce of gold displayed a view that limited its declines. The precious metal, which opened the day at 2313, is priced around the 2317 level while the analysis is being prepared. We can see upward momentum as long as it remains above the 2,314 level. The daily gain for the ounce of gold, which closed at 2,318 on the previous trading day, was 0.18%. The RSI indicator for the ounce of gold, which is above its 20-day moving average, is at 53.28, while its momentum is at 99.61. The 2,314 level can be followed in intraday downward movements. If this level is exceeded, the supports at 2,310, 2,302 and 2,298 may become important. In possible increases, 2,322, 2,326 and 2,334 will be monitored as resistance levels. Support: 2310 - 2302 Resistance: 2322 - 2334