Gold’s pivot point holds around $2165. The upcoming week’s outlook hinges on key resistance and support levels, identified at $2189 and $2147, respectively, setting the stage for potential market movements.

Immediate resistance levels are staged at $2189, $2204, and $2223, suggesting barriers gold may face if it attempts an upward trajectory. Conversely, support levels at $2147, $2128, and $2111 will test gold’s resilience in the face of selling pressures.

The Relative Strength Index (RSI) at 64 indicates a leaning towards overbought conditions, suggesting caution among traders.

The 50-day Exponential Moving Average (EMA) at $2088 provides a longer-term bullish signal, yet the formation of a Doji candle on the daily timeframe signals potential weakness ahead. Additionally, a bearish engulfing pattern near $2164 underscores the selling trend, potentially influencing gold’s path in the coming week.