XAUUSD

Good day. The last 4 high impacted news are negative for USD which means bullish for gold, but the gold failed to break its last Higher high, on all news it showed behavior like the upper wick on news time, and then downwards, technically there is good support zone from 2300-2280 and also its the Higher low, Bearish divergence is also formed on the 1-day chart. If the gold holds the support we can, then see the gold towards 2400$ price, if it gives a daily closing below to 2380 then it will be a bearish momentum.

Now wait for 2300-2280.