XAUUSD

For ounce gold, it tested the 1975s region that we said yesterday. Today, after the CPI data, the decline in 10-year real returns will end the profit taking in precious metals. We are following the 2003-2010 region, which is currently supported by the 34-period exponential moving average (2012). As the precious metal moves in the 2003 region and below, the pullback trend may remain in the foreground. We are waiting for the 2020 test after the fixed message comes out of the Fed interest rate decision. Support: 1977-1969 Resistance: 2003-2012