XAUUSD

The US 10-year bond yield rising above 4.46% allowed the ounce of gold to be suppressed. For the precious metal, which started the day at 2352 and was traded around 2352 while the analysis was being prepared; The Conference Board consumer confidence can be monitored during the day due to its possible effects. From a technical perspective, we can see downward relaxations as long as it remains below 2,352.42. For the ounce of gold, which closed at 2,351.55 on the previous trading day, the daily gain was 0.02%. The RSI indicator for the ounce of gold, which is below its 20-day moving average, is at 51.27, while its momentum is at 99.62. The 2,352.42 level can be monitored in intraday upward movements. If this level is exceeded, the 2,355.54, 2,359.54 and 2,362.66 resistances may become important. In case of possible pullbacks, 2,348.42, 2,345.30 and 2,341.30 will be monitored as support levels. Support: 2348 - 2345 Resistance: 2355 - 2359