XAUUSD

Spot gold is experiencing limited fluctuations in the markets due to the confusion caused by news about Trump's tariffs. While the dollar index is hovering at its highest levels since November 2022, ISM services PMI and JOLTS job openings data are being closely monitored. These data are thought to have potential impacts on gold. Additionally, the positive performance of technology stocks in Asian markets and the evaluation of economic data from the US are also significant.

Technically, spot gold is at a decision point in the 2625 – 2640 range. On the 4-hour chart, sustained pricing above the 2640 resistance could be important for the continuation of the upward trend. In potential upward movements, the 2650 and 2660 resistance levels should be considered. In downward movements, if a sustained position below 2625 is observed, pullbacks might be seen towards the 2620 and 2610 support levels. The RSI indicator is at the 52 level, showing a neutral trend, reflecting uncertainty in the market. Spot gold is up by 0.35% compared to the previous day, indicating a somewhat positive outlook.