XAUUSD

On the first trading day of the week; the limited movement of the US 10-year Treasury bond yield by 4.25% left room for the ounce of gold to limit its pullbacks. For the precious metal, which opened the day at 2023.80 and was priced around 2024.98 while the analysis was being prepared; FOMC member Waller's speech can be followed during the day. As long as it remains above 2,323.03, we can see upward momentum. The daily gain for the ounce of gold, which closed at 2,324.63 on the previous trading day, was 0.17%. The RSI indicator for the ounce of gold, which is below its 20-day moving average, is at 48.33, while its momentum is at 97.80. The 2,319 level can be followed in intraday downward movements. If this level is exceeded, the 2,314 and 2,310 supports may become important. In possible increases, 2,332 and 2,337 will be monitored as resistance levels. . Support: 2319 - 2314 Resistance: 2332 - 2337