XAUUSD

Despite rising tensions in the Middle East, the rise of the Dollar index caused the spot price of gold to depreciate. After refreshing a record near the 2760 level, gold retreated to the 2725 level with incoming sales. Global economic data and unemployment benefit claims in the U.S. could influence gold pricing today. Additionally, uncertainties regarding the U.S. elections and support plans for China's economy are among the factors affecting the overall market trend.

Looking at the chart, spot gold is trading at the 2782.16 level and has shown a 0.28% increase intraday. The 2700 level, supported by the 55-period exponential moving average, is being monitored as a significant support point. In the current situation, resistance levels are identified as 2790, 2800, and 2810, while support levels can be monitored at 2770, 2760, and 2750. The RSI indicator is showing a positive outlook, and sustained pricing above the 2790 level can be monitored for the continuation of upward movements.