XAUUSD
The ADP's non-farm payroll increase exceeded expectations, and a decline was observed in the ISM services PMI, which limited short-term declines in the Dollar Index. Trump's statements suggesting that the U.S. could take control of Gaza and his comments on a new nuclear deal with Iran increased demand for safe havens, allowing gold prices to stay near record levels. Throughout the day, the BoE's monetary policy statement, unemployment claims, and FOMC member Waller's speech will be closely monitored.
Gold, supported by the indicators we are tracking, is priced above certain levels in the short term. As long as the precious metal remains above the 2850 – 2860 range, it can sustain its upward trend. If positive movements continue, it may gain momentum towards the 2877 and 2890 levels. However, for bearish signals, persistent pricing below the 2850 – 2860 region may need to be observed; in this case, the 2840 and 2830 levels could come into focus. The critical level of the day is the 2850 – 2860 range.
Support :
Resistance :