XAUUSD

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XAUUSD

With the effect of the US 10-year Treasury yield limiting its declines around 3.95%, ounce gold has displayed an outlook that suppresses its increases. Technically, we are following the 2013-2021 region, which is currently supported by the 34-period exponential moving average (2014). If upward pricing continues, 2038 and 2050 If the 2013-2021 region is tested, pricing towards the 2003 and 1993 levels can be observed. Support: 2021-2013 Resistance: 2038-2050