The XAU/USD chart is bullish, hinting at potential upward movement. There's a possibility of the price moving towards the 1st resistance at 1931.07. The 1st support at 1901.87 is an overlap support, suggesting a possible rebound point, while the 2nd support at 1887.91 is a multi-swing low support, reinforcing its significance. The 1st and 2nd resistances at 1931.07 and 1944.27, respectively, are both overlap resistances, possibly acting as barriers to further price ascent.
