Technical analysis
The MACD indicator line is slightly above 0, staying neutral
The RSI is slightly above 50.
What the possible outcomes are
The U.S. dollar started gaining power after days of weakness, so did the Treasury yields. In this situation, XAUUSD may decline.
If the price passes the initial support level of 1,809.84, it could test the next lower at 1,801.44.
Alternatively, if the price reverses, then it could reach the first resistance level of 1,819.28.
A pass above the first level can move the price up higher towards 1,826.15.
Key levels
Support 1,809.84 1,801.44
Resistance 1,819.28 1,826.15
