XAUUSD

Ounce gold tends to experience weakness below the 1990 level in the 4-hour view. On the other hand, the 200-period averages expressed in orange in the 4-hour chart can be a support element for the price. 1978 and 1969 may put the price back into an uptrend as a result of the pullbacks. Support: 1978 - 1969 Resistance: 2012 - 2025