Gold Technical Analysis June 22, 2022
The Gold declined 0.26% against the USD on Tuesday and closed at 1833.40. Today in the Asian session, while Gold technical Analysis 31 May 2022, is preparing at 5:45 GMT, the XAU/USD trading at 1824.50, which is 0.49% lower than Yesterday’s close.
The Gold is expected to find support at 1815.00, and a fall through could take it to the next support level of 1805.00. The pair is expected to find its first resistance at 1833.00, and a rise through could take it to the next resistance level of 1843.00. Today’s expected trading range is between 1798.00, support, and 1846.00 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1815.00
Support 2: 1805:00
Support 3: 1798:00
Important resistance levels:
Resistance 1: 1833.00
Resistance 2: 1843.50
Resistance 3: 1846.00