XAUUSD

The political risks caused by the attack on former US President and re-election candidate Donald Trump and the strengthening of the Dollar due to this situation left room for some pressure on the ounce of gold in the short term. In terms of precious metal pricing, the Empire State manufacturing index and Fed Chairman Powell's speech can be monitored during the day. The daily loss for the ounce of gold, which closed at 2,409.91 on the previous trading day, was 0.23%. The upward movement observed in US bond interest rates is pressuring the ounce of gold downward. The RSI indicator for the ounce of gold, which is above its 20-day moving average, is at 61.86, while its momentum is at 104.86. The 2,415 level can be followed in intraday upward movements. If this level is exceeded, the 2,420 and 2,424 resistances may become important. In possible pullbacks, 2,400, 2,395 and 2,388 will be monitored as support levels. Support: 2400 - 2395 Resistance: 2415 - 2420