XAUUSD

The pivot point has been determined at 3293.87, with resistances at 3311.41, 3343.52, and 3368.35; supports are at 3261.75, 3244.21, and 3219.38 levels. The strengthening of the dollar following the FOMC minutes has put pressure on gold. In this context, staying below the 3293.87 pivot increases the likelihood of testing the supports at 3261.75 and 3244.21. In possible rises, 3311.41 will be monitored as the first resistance. While global risks support demand for gold, the Fed's policies and the movement of the dollar continue to be decisive.