TECHNICAL ANALYSIS OF XAUUSD  (GOLD)01 MARCH 2023

XAUUSD (GOLD) has given good recovery from its lower level and trading above 200 EMA which is near to  $1830 If it hold this mark then we can see more upside movement toward next resistance level of $1840 and $1850 .On down ward side $1820 is crucial support one below this mark $1810 and $1800 might be seen. Further up, the downward-sloping 21-Daily Moving Average (DMA) at $1,853 could challenge the bearish commitments. The 14-day Relative Strength Index (RSI) is rebounding toward the midline, having tested the oversold territory earlier this week.