Product: XAU/USD Prediction: Increase Fundamental Analysis: Central Banks: Reducing U.S. dollar investments, increasing gold reserves due to geopolitical tensions and economic uncertainty. Upcoming Data: U.S. CPI and retail sales data expected to impact gold prices. Middle East Situation: Tensions between Iran and Israel could influence gold demand. Market Trends: Geopolitical tensions typically boost gold, but recent market behavior shows other factors affecting gold's performance. Technical Analysis: RSI Movement: After falling below 50, the RSI rose to 60, indicating seller hesitation. Resistance Levels: $2470-$2480 (first resistance) $2500 (key psychological level) $2580 (upper trend channel limit if $2500 holds) Support Levels: $2410-$2400 (short-term support) $2370 (50-day moving average) $2350 (100-day moving average)