XAUUSD

Following the ADP non-farm payrolls change and JOLTS job opportunities data, the US 10-year Treasury bond yield has fallen to 4.11%, and in the short term, the ounce of gold has risen to an all-time high. The ECB monetary policy statement, unemployment benefit applications and Fed Chair Powell's speech can be monitored during the day due to their possible effects. When we evaluate the short-term ounce gold pricing technically, we are following the 2133 - 2144 region, which is currently supported by the 13 (2134) period exponential moving average. As long as the precious metal suppresses the pullback desire in the 2133 - 2144 region, the upward desire may remain at the forefront. If the upward trend continues, there may be a movement area towards the 2160 and 2175 levels. In the alternative case, in order for the negative expectation to come to the fore, it may be necessary to remain below the 2133 - 2144 region. In this case, the possible declines may encounter the levels 2118 and 2110. Support: 2144-2133 Resistance: 2160-2175