XAUUSD

Ounce Gold weakness continues. The $1833 level is important for gold. This is the limit value where the weekly price imbalance is closed. Signs of recovery are seen in lower time frames. The Unemployment Rights Applications to be announced at 16:30 today will have an impact on the ounce price. If it comes in below expectations, we may see upward attacks from the 1833 support in ounce gold. In the opposite case, it may ease to roughly around 1800. Support: 1833 - 1800 Resistance: 1850 - 1872