XAUUSD

XAUUSD

On the first trading day of July; Despite the decline in the US 10-year Treasury bond and the Dollar Index, ounce gold showed some pullback. ISM manufacturing PMI and PMI prices can be followed for the precious metal during the day. As long as it remains below the 2,324 level, we can see downward relaxations. The daily loss for ounce gold, which closed at 2,323 on the previous trading day, was 0.16%. The RSI indicator for ounce gold, which is below its 20-day moving average, is at 48.64, while its momentum is at 100.83. The 2,324 level can be followed in intraday upward movements. If this level is exceeded, the 2,331 and 2,334 resistances may become important. In possible pullbacks, 2,317 and 2,313 will be monitored as support levels. Support: 2317 - 2313 Resistance: 2324 - 2331