XAUUSD

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XAUUSD

The strengthening Dollar and high U.S. Treasury yields are directly putting pressure on Gold, which is an interest-free asset. Gold is reflecting this pressure by trading below the pivot level of 3374.76. If sales continue, the supports at 3349.52 and then 3337.19 may come into focus.

Support :

3349.52 - 3337.19 - 3318.41

Resistance :

3412.33 - 3387.09 - 3374.76 -