XAU/USD Technical Analysis Technical Overview Gold (XAU/USD) is losing bullish momentum, now trading under EMA pressure on the H1 chart. RSI is at 42.3, suggesting growing bearish sentiment. Support and Resistance Levels - Resistance 1: 3230.00 - Resistance 2: 3240.00 - Support 1: 3180.00 - Support 2: 3150.00 Buy Scenario Breakout above 3230.00 may allow for gains toward 3240.00. Confirmation via RSI above 50 would strengthen the signal. Sell Scenario A move below 3180.00 would target 3150.00. Further downside favored with RSI under 40.