XAUUSD

XAUUSD is testing the resistance levels of 3386.00, 3378.32, and 3366.00 from above, while the pivot level of 3348.91 is decisive for short-term direction. Gold is starting a week with low geopolitical risks and stable U.S. Treasury yields. Fed Chairman Powell's speech on Tuesday could directly affect bond yields and gold demand. The energy market and new housing data may cause fluctuations in dollar liquidity. The support levels of 3336.59, 3319.50, and 3304.80 should be closely monitored. Clear macro catalysts are being sought for a strong breakout in gold prices; Powell's hawkish emphasis could put pressure on gold.