XAUUSD

With the support of the US 10-year bond yield falling to 4.30%, ounce gold found room for growth. For the precious metal, which started the day at 2356 and was traded around 2368 while the analysis was being prepared; the ECB monetary policy statement and unemployment benefit applications can be monitored during the day due to their possible effects. The daily gain for ounce gold, which closed at 2,355.26 on the previous trading day, was 1.21%. The RSI indicator for ounce gold, which is above its 20-day moving average, is at 52.13, while its momentum is at 97.07. The 2,346.20 level can be monitored in intraday downward movements. If this level is exceeded, supports at 2,335.01, 2,314.76 and 2,303.57 may become important. In possible increases, 2,377 and 2,397 will be monitored as resistance levels. Support: 2346 - 2314 Resistance: 2377 - 2397