XAUUSD

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XAUUSD

On the gold side, Fed Chairman Powell's speech and the PMI and housing sales data to be announced in the US during the week are critical for the direction of gold. In XAUUSD, resistance levels at 3470.11, 3441.80, and 3425.51 are significant; 3385.17 is the pivot that determines the buyer-seller balance in the short term. If Powell's speech contains hawkish statements, gold may face pressure, while softer messages could accelerate purchases. Supports are at 3368.88, 3328.54, and 3300.22; high volatility is expected throughout the week.

Support :

3368.88 - 3328.54 - 3300.22

Resistance :

3441.80 - 3425.51 - 3385.17