XAUUSD

Following the US leading manufacturing and services PMI results above expectations, the 10-year bond yield rose to 4.47%, leaving room for the ounce of gold to be priced downward. For the precious metal, which started the day at 2328 and traded around 2337 while the analysis was being prepared; durable goods orders, Michigan consumer sentiment and FOMC member Waller's speech can be followed during the day. As long as it remains above 2,333, we can see upward momentum. For the ounce of gold, which closed at 2,334 on the previous trading day, the daily gain was -0.23%. The RSI indicator for the ounce of gold, which is below its 20-day moving average, is at 48.22, while its momentum is at 101.09. The 2,333 level can be followed in intraday downward movements. If this level is exceeded, the supports at 2,328, 2,321 and 2,318 may become important. In possible increases, 2,341, 2,347 and 2,353 will be monitored as resistance levels. Support: 2328 - 2321 Resistance: 2341 - 2347