XAUUSD
The US 10-year Treasury yield fell to 4.22% after Vice President Harris was endorsed as the Democratic Party's candidate. With the support of this situation, the ounce of gold recorded a slight recovery in the short term. For precious metal pricing, existing home sales and Richmond Fed manufacturing index data can be followed during the day. The daily gain for the ounce of gold, which closed at 2,398.12 on the previous trading day, was 0.04%. The RSI indicator for the ounce of gold, which is above its 20-day moving average, is at 53.45, while its momentum is at 100.25. The 2,403 level can be followed in intraday upward movements. If this level is exceeded, the 2,412 and 2,421 resistances may become important. In possible pullbacks, 2,388, 2,381 and 2,374 will be monitored as support levels. Support: 2388 - 2381 Resistance: 2403 - 2412