Gold Technical Analysis August 13, 2021
The Gold rose 0.09% against the USD on Thursday and closed at 1753.00. Today in the Asian session, while Gold technical Analysis August 13, 2021 is preparing at 4:45 GMT, the XAU/USD trading at 1761.00, which is 0.45% higher from Yesterday’s close.
The Gold is expected to find support at 1750.00, and a fall through could take it to the next support level of 1742.00. The pair is expected to find its first resistance at 1765.00, and a rise through could take it to the next resistance level of 1792.00. Today’s expected trading range is between 1718.00, support, and 1792.00 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1750.00
Support 2: 1742:00
Support 3: 1718:00
Important resistance levels:
Resistance 1: 1765.00
Resistance 2: 1792.00
Resistance 3: 1800.00