XAUUSD

Gold is searching for direction ahead of the BoE interest rate decision and US data. After a strong upward trend, the 3283.70 level may act as a critical support. Holding above this level indicates that it maintains its upward potential. In pullbacks, 3220.71 will be monitored as the main support. On the upside, resistance levels of 3321.75 and 3342.18 can be targeted.