XAUUSD

In the middle of the week; due to the limited movement of the US 10-year Treasury bond interest rate around 4.23%; ounce gold recorded relatively horizontal pricing in the short term. When we technically evaluate the short-term ounce gold pricing, we are following the 2168 - 2185 region, which is currently supported by the 13 (2176) and 34 (2173) period exponential moving average. As the precious metal forms within the 2168 - 2185 region, the decision stage scenario may be valid. Permanent pricing above the 2185 level may be needed for the positive expectation to be reinforced. In possible recoveries, the 2195 - 2200 range and the 2212 level may come to the agenda. In the meantime, the attitude of the 2195 - 2200 range can be monitored in order for the upward expectation to continue. Permanence below the 2168 level may be required for the negative expectation to come to the fore. In possible declines, the levels of 2160 and 2150 may be encountered. At this stage, the reaction that the 2144 - 2150 range will show can be monitored in order for the withdrawal trend to continue. Support: 2160-2150 Resistance: 2195-2200