XAUUSD

Ons Gold On the last trading day of the year; Due to the effect of the limited movement after the recovery of the US 10-year Treasury bond yield. While preparing the analysis for the day, it is trading around the 2072 level. Chicago PMI can be followed during the day due to its possible effects. When we evaluate the short-term gold ounce pricing technically, we are following the 2061 level, which is currently supported by the 34-day (2060) period exponential moving average. As long as the precious metal 2061 level suppresses the desire to retreat, the desire to rise may remain in the foreground. If the upward trend continues, there may be a movement area towards the 2070 and 2080 levels. In the alternative case, in order for the negative expectation to come to the fore, it may be necessary to remain below the 2061 level. In this case, the 2052 and 2040 levels may be encountered in the possible declines. Support: 2060-2051 Resistance: 2080-2100