Gold (XAUUSD) is in an uptrend, trading at $2941.05 per ounce. The price is above most moving averages, and the MACD indicates a positive trend. A buying opportunity is seen as the price may rise to $2946.66, with a target of $2954.05. A stop loss should be set at $2931.02. If the price breaks the $2931.02 support, it could decline towards $2925.37. Resistance levels: 2946.44 (Second) 2943.12 (First) Support levels: 2937.25 (First) 2934.55 (Second) Pivot level: 2941.30