XAUUSD is been struggling since last week at 1280.00-1270.00 region. The pair was paused since friday due to the Easter weekend holidays. The U.S home sales made a small impact on the pair last day but was flat-lined at the end of the session.
Currently trading at 1268.33, XAUUSD already dropped -0.48% for the day with a volatile movement in last couple of hours.

In the Daily Timeframe, the pair is showing head and shoulder pattern in which the neckine is broken last week, and the pair is enroute travelling to the next support at 1218.00 region. The pair may pause in the strong support at 1260.00. Ahead of today’s mid-tier macroeconomic data releases from the U.S., the US Dollar Index is edging higher in the session, keeping the bearish pressure on the pair intact.Later in the day, new home sales, the Housing Price Index, and the Richmond Fed’s Manufacturing Index will be looked upon for fresh impetus.

XAUUSD TODAY:
Daily open: 1274.72
Daily Last high: 1276.59
Daily Last Low: 1266.84
Daily current growth: -0.52%