The XAU/USD exchange rate remains below the psychological level at 1,875.00.
It is likely that yellow metal could gain support from the 55-hour moving average and the Fibo 23.60% near 1,860.00 and extend gains within the following trading session. The rate could target the 1,900.00 level.
In the meantime, if the 1,875.00 level holds, yellow metal could continue to trade sideways against the US Dollar within the following trading session.
