XAUUSD

Despite the US 10-year Treasury bond yield falling to 4.35%, ounce gold recorded limited pricing. During the day, CPI, FOMC member Barkin's speech and FOMC meeting minutes can be monitored due to their possible effects. When we evaluate technically, we are monitoring the 2330 - 2340 region, which is currently supported by the 13 (2341) period exponential moving average. If the upward movements continue, the 2355 and 2365 levels may be encountered. At this stage, the reaction of the 2365 level, which represents the historical peak, can be monitored in order for the positive expectation to continue. In the alternative view, in order for the negative expectation to come to the fore, it may be necessary to see permanence below the 2330 - 2340 region. In this case, pullbacks towards the 2320 and 2310 levels can be observed. At this stage, the attitude of the 2310 level, which is supported by the 34-period exponential moving average, can be monitored in terms of the continuation of the downward expectation. Support: 2340-2330 Resistance: 2355-2365