XAUUSD

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XAUUSD

The FOMC members' statements indicating a cautious stance led to the US 10-year bond yield rising above 4.45%, allowing the ounce of gold to see some pressure. For the precious metal, which started the day at 2426 and traded around 2414 while the analysis was being prepared; the speeches of US Treasury Secretary Yellen and FOMC member Waller can be followed during the day. The ounce of gold continues to move above the indicators we follow in the short term. As the precious metal limits the pullbacks in the 2400 - 2413 region, which we currently follow with indicators, the positive trend may continue. If upward pricing continues, a movement area may form towards the 2425 and 2431 resistances. The 2.417 level can be followed in intraday upward movements. If this level is exceeded, the 2,429.17, 2,444.42 and 2,455.76 resistances may become important. In case of possible pullbacks, 2,402.59, 2,391.24 and 2,376.00 will be monitored as support levels. Support: 2402 - 2391 Resistance: 2417 - 2429