XAUUSD

Gold and Silver Ounce followed a performance at the beginning of the week that tried to realize Friday's gains. The Dollar Index's effort to stay above 104.50, especially the fluctuation it created with the compatibility with the price of the US 10-year bond (first decrease then increase) caused precious metals to create a volatile course during the day. The limitation of recent declines on short-term indicators also supports the idea of the current upward desire. The daily gain for gold ounce, which closed at 2,366.97 on the previous trading day, was 0.33%. The RSI indicator for gold ounce, which is above its 20-day moving average, is at 55.28, while its momentum is at 101.99. The 2,360 level can be followed in intraday downward movements. If this level is exceeded, the supports at 2,354 and 2,350 may become important. In possible increases, 2,370, 2,374 and 2,381 will be followed as resistance levels. Support: 2360 - 2354 Resistance: 2370 - 2374