On Thursday, the weekly US Unemployment Claims could cause minor USD moves.
The week will end with the US Retail Sales data at 12:30 GMT.
Click on the link below to find out more about the data releases of this and other currency exchange rates.
XAU/USD short-term forecast
In the case that the 1,830.00 mark fails to continue to provide resistance, the pair would most likely gradually surge from one round price level to another.
On the other hand, a decline is highly likely going to find support in the previously passed 1,818.00/1,820.00 zone.
Hourly Chart
XAU/USD daily charts review
On the daily candle chart, the rate faces the resistance of the 55 and 200-day simple moving averages, which are located at the 1,830.00 mark.Meanwhile, note that a potential decline of the price could find support in the 100-day simple moving average near 1,790.00.
Daily Candle Chart
Traders are long
On Wednesday, the sentiment on the Swiss Foreign Exchange was 67% bullish, as 67% of open position volume was long.
On Tuesday, the sentiment was 58% long.
Meanwhile, in the 1000-pip range around the metal's price the pending orders were 64% to buy gold.