XAUUSD

The weakening Dollar Index, following President Trump's postponement of customs tariffs, continued its decline as retail sales came in lower than expected. This situation limited the drop in the value of gold due to news of a possible peace agreement between Ukraine and Russia. Throughout the day, speeches by FOMC members Harker and Bowman will also be closely monitored.

The precious metal gold is currently trading within a range supported by the indicators we are following in the short term. Currently priced between 2877 and 2910, gold will need to maintain pricing above the 2910 level to reinforce a positive trend. In the event of a recovery, the levels of 2920 and 2930 may come into focus, while for a negative scenario to develop, it will be necessary for gold to sustain pricing below the 2877 level.