Gold (XAU/USD) is currently priced at $2,358.09 on the 2-hour chart. The pivot point is positioned at $2,355.14. Immediate resistance levels are $2,368.81, $2,381.43, and $2,393.
Immediate support levels are $2,355.14, $2,342.70, and $2,332.53. The 50-day EMA is at $2,361.09, while the 200-day EMA is at $2,341.49.
The outlook suggests buying above $2,355.14, given the upward trendline-driven pressure. Maintaining prices above the pivot point may signal a potential upward trend, while falling below could reinforce bearish momentum.