Gold Technical Analysis July 29, 2021
The Gold rose 0.37% against the USD on Wednesday and closed at 1807.00. Today in the Asian session, while Gold technical Analysis July 29, 2021 is preparing at 4:45 GMT, the XAU/USD trading at 1820.00, which is 0.70% higher from Yesterday’s close.
The Gold is expected to find support at 1811.00, and a fall through could take it to the next support level of 1803.00. The pair is expected to find its first resistance at 1807.00, and a rise through could take it to the next resistance level of 1811.00. Today’s expected trading range is between 1794.00, support and 1833.00 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1811.00
Support 2: 1803:00
Support 3: 1894:00
Important resistance levels:
Resistance 1: 1824.00
Resistance 2: 1831.00
Resistance 3: 1833.00