In today’s trading, Gold (XAU/USD) is priced at $2,310.09, down 0.02%. The chart timeframe is 4 hours. The pivot point is at $2,310.75, serving as a critical level. Immediate resistance levels are $2,325.55, $2,337.19, and $2,348.85. On the downside, immediate support is found at $2,298.00, followed by $2,287.07 and $2,273.43.
Technical indicators show the 50-day Exponential Moving Average (EMA) at $2,324.18 and the 200-day EMA at $2,332.16, both indicating resistance above the current price. The outlook remains bearish below $2,310. A break above this level could shift the market sentiment towards a bullish bias.