Gold Technical Analysis September 22, 2022
The Gold rose 0.55% against the USD on Wednesday and closed at 1674.15. Today in the European session, while the Gold technical Analysis September 22, 2022, is preparing at 5:15 GMT, the XAU/USD trading at 1670.85, which is 0.20% lower than Yesterday’s close.
The Gold is expected to find support at 1656.00, and a fall through could take it to the next support level of 1642.00. The pair is expected to find its first resistance at 1678.00, and a rise through could take it to the next resistance level of 1687.00. Today’s expected trading range is between 1630.00, support, and 1692.00 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1656.00
Support 2: 1642.00
Support 3: 1630.00
Important resistance levels:
Resistance 1: 1678.00
Resistance 2: 1687.00
Resistance 3: 1692.00