*XAU/USD Technical Overview* Gold (XAU/USD) shows signs of exhaustion after a strong uptrend, currently correcting near the 20 EMA. Despite the recent pullback, the medium-term trend remains bullish. RSI has declined below 50, signaling weakening momentum. Support and Resistance Levels Support: 3423, 3390 Resistance: 3449, 3472 Trading Scenarios **Buy Scenario:** A bounce from the 3423 level may offer bullish continuation toward 3449. **Sell Scenario:** If price breaks below 3390, it may open the way toward 3360.