CITYINDEX:XAUUSD   Gold Spot / U.S. Dollar
The market is waiting for Powell's speech, who will give comments on interest rates. Traders lay in the situation the fact that Powell may give a tough comment on the current situation and leave the rate at the same level.
Support levels: 2305, 2267
Resistance levels: 2328, 2344
Technically the correction continues. This correction is formed on the basis of both fundamental and technical reasons. This week is quite busy and it is worth paying attention to the news, which can determine the medium-term perspective.
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