XAUUSD

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XAUUSD

On the ounce gold side, there were sharp sales with the opening of the week. Prices, which fell rapidly to the daily EMA10 average, slowed down in this region. If we see a day close below $1988, we will conclude that the momentum in gold has slowed down a bit. As long as it does not close below $1963, our direction expectation is upward. Support: 1988 - 1963 Resistance: 1998 - 2021