XAUUSD

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XAUUSD

On the last trading day of the week; Although the US 10-year Treasury bond yield fell to 4.31%, ounce gold experienced a slight decline. Average hourly earnings, unemployment rate and non-farm employment changes can be monitored during the day due to their possible effects. Technically, we are monitoring the 2265 - 2290 region, which is currently supported by the 13 (2282) period exponential moving average. Permanent pricing above the 2290 level may be needed for the positive expectation to be reinforced. In possible recoveries, the 2300 and 2310 range may come to the agenda. In the meantime, the attitude of the 2300 level, which represents the historical peak, can be monitored in terms of the continuity of the upward desire. Permanence below the 2265 level may be required for the negative expectation to come to the fore. In possible declines, the 2260 and 2245 levels may be encountered. At this stage, the reaction of the 2260 level supported by the 34-period exponential moving average can be monitored in order for the pullback trend to continue. Support: 2260-2245 Resistance: 2300-2310