XAUUSD

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XAUUSD

Following the Fed's monetary policy statement, the ounce of gold showed some recovery with the support of the US 10-year Treasury bond interest rate falling to 4.62%. The precious metal, which opened the day at 2320, is trading around the 2320 level while the analysis is being prepared. Applications for unemployment benefits can be monitored during the day due to their possible effects. As long as it remains below the 2,321 level, we can see downward relaxations. The daily gain for the ounce of gold, which closed at 2,319 on the previous trading day, was 0.00%. The RSI indicator for the ounce of gold, which is above its 20-day moving average, is at 53.86, while its momentum is at 97.35. The 2,321 level can be followed in intraday upward movements. If this level is exceeded, the 2,325, 2,330 and 2,33 resistances may become important. In possible pullbacks, the 2,315, 2,312 and 2,306 support levels will be monitored. . Support: 2312 - 2306 Resistance: 2325 - 2330