XAUUSD

On the ounce gold side, the $1998 test was also realized. The price could not close above the level for 4 hours and went into correction again. In the 4-hour time frame, it is seen that the price continues to rise by getting strength from the EMA10 average. The current value of the average is $1973 and is expressed in purple. As long as the price continues to trade above this average, the positive trend will continue. Support: 1973 - 1956 Resistance: 1998 - 2021