Gold Technical Analysis August 10, 2022
The Gold rose 0.31% against the USD on Tuesday and closed at 1794.15. Today in the European session, while the Gold technical Analysis August 10, 2022, is preparing at 5:15 GMT, the XAU/USD trading at 1792.00, which is 0.11% lower than Yesterday’s close.
The Gold is expected to find support at 1794.00, and a fall through could take it to the next support level of 1771.00. The pair is expected to find its first resistance at 1790.00, and a rise through could take it to the next resistance level of 1795.00. Today’s expected trading range is between 1765.00, support, and 1820.00 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1894.00
Support 2: 1771:00
Support 3: 1765:00
Important resistance levels:
Resistance 1: 1807.00
Resistance 2: 1812.00
Resistance 3: 1820.00