XAUUSD

The US 10-year Treasury bond yield has turned back towards 3.90%. This situation left some room for recovery after the declines in ounce gold. While following precious metal pricing; unemployment benefits applications can be followed during the day. As long as it remains above the 2,384.00 level, we can see upward momentum. The daily gain for ounce gold, which closed at 2,385.05 on the previous trading day, was 0.08%. The RSI indicator for ounce gold, which is below its 20-day moving average, is at 47.66, while its momentum is at 98.98. The 2,384 level can be followed in intraday downward movements. If this level is exceeded, the supports of 2,379 and 2,372 may become important. In possible increases, 2,398 and 2,406 will be monitored as resistance levels. . Support: 2384 - 2379 Resistance: 2398 - 2406