XAUUSD

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XAUUSD

The increase in geopolitical risks and the CPI data to be announced by the US in the coming hours could increase volatility in the gold market. Along with Powell's statements and the White House's remarks regarding the Fed, an increase in demand for safe havens can be expected. Resistance levels should be monitored at 3417.66, 3400.77, and 3383.90; the pivot point is 3350.14; and support levels are 3325.50, 3316.38, and 3299.50. The results of the US CPI data and geopolitical developments will be decisive in terms of direction.

Support :

3325.50 - 3316.38 - 3299.50

Resistance :

3400.77 - 3383.90 - 3350.14