GOLD XAUUSD Chart Technical Outlook printed a bottom and bounced higher, bulls target $2,325
Gold rejected the previous week’s low with bullish divergence on the RSI. USD is under pressure after soft Employment and Wage data, supporting the rebound in Gold prices.
Further upside price action is expected in the short term. $2,325 is the following upside barrier. If broken, the next one would be $2,345. Supports are located at $2,290 and $2,275.
