XAUUSD

We are following the 20310-2050 region, which is currently supported by the 34-period exponential moving average (2031) for ounce gold. Permanent pricing above the 2050 level may be needed for positive expectations. In order for negative expectations to come to the fore, a decline to 2010 may be required after the persistence below the 2020 level. Support: 2010-1994 Resistance: 2050-2088