Gold Technical Analysis November 22, 2022
The Gold declined 0.74% against the USD on Monday and closed at 1738.50. Today in the European session, while the Gold technical Analysis November 22, 2022, is prepared at 5:15 GMT, the XAU/USD trading at 1747.00, which is 0.47% higher than Yesterday’s close.
The Gold is expected to find support at 1733.00, and a fall through could take it to the next support level of 1730.00. The pair is expected to find its first resistance at 1748.00, and a rise through could take it to the next resistance level of 1750.00. Today’s expected trading range is between 1722.00, support, and 1755.00 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1733.00
Support 2: 1730.00
Support 3: 1722.00
Important resistance levels:
Resistance 1: 1748.00
Resistance 2: 1750.00
Resistance 3: 1755.00