Gold (XAU/USD) is priced at $2364.11, up 0.17%. The pivot point at $2364.92 is crucial. Immediate resistance levels are at $2371.74, $2379.11, and $2387.31.
Support levels are at $2356.44, $2350.18, and $2344.07. Technical indicators show the 50-day EMA at $2337.48 and the 200-day EMA at $2333.96, suggesting upward momentum.
The bullish outlook hinges on maintaining above $2356; a break below this level could trigger a significant selling trend.