Gold - was on the backfoot but now trying to establish some support here

Was on the backfoot but now trying to establish some support here

Gold was on the back foot but trying to find some support here. Currently trading at around $2,348 an ounce, a push above $2,364 could pave the way toward $2,378 and then maybe back up to $2,400. Near-term support at $2,325 and then today’s low of $2,322. A fall below $2,322 is likely to see a re-test of the May low,  or respectively, $2,277. The MACD technical indicator is still negative but the RSI has now edged higher into the neutral stance whilst pointing slightly higher. A flat to rising MACD would increase the likelihood of the commodity testing those resistance levels above.