XAUUSD

Due to the Fed interest rate decision, ounce gold may test the 1975s region until Wednesday, which is the decision day this week. We are following the 2010 - 2021 region, which is currently supported by the 34-period exponential moving average (2023). As the precious metal moves in the 2010 - 2021 region and below, the pullback trend may remain at the forefront. We are waiting for the 2020 test after the fixed message from the Fed interest rate decision. Support: 1977-1958 Resistance: 2021-2041