Gold Technical Analysis September 26, 2022
The Gold declined 1.57% against the USD on Monday and closed at 1645.00. Today in the European session, while the Gold technical Analysis September 26, 2022, is prepared at 5:15 GMT, the XAU/USD trading at 1645.50, which is 0.03% higher than Yesterday’s close.
The Gold is expected to find support at 1627.00, and a fall through could take it to the next support level of 1615.00. The pair is expected to find its first resistance at 1654.00, and a rise through could take it to the next resistance level of 1667.00. Today’s expected trading range is between 1600.00, support, and 1675.00 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1627.00
Support 2: 1615.00
Support 3: 1600.00
Important resistance levels:
Resistance 1: 1654.00
Resistance 2: 1667.00
Resistance 3: 1675.00