XAUUSD:Ounce Gold is Trying To End Up The Week Positively



Markets are focused on non-farm employment data in the United States, which may provide clues to the Central Bank's (FED) tightening roadmap. On the other hand, the increasing tensions on the Taiwan issue on the US-China line lately are keeping geopolitical risks alive and keeping the demand for safe havens on alert. In addition, the high tension in the Russia-Ukraine war also has an impact. Technically speaking, on the last trading day of the week, in the yellow metal, where demand outweighs, the 1890 resistance level can be followed by market players if the 1878 level is permanently exceeded. In the possible downward scenario that may occur in ounce gold pricing, 1855 and 1842 supports may come to the fore.