Gold Technical Analysis December 13, 2022
The Gold declined 0.81% against the USD on Monday and closed at 1781.60. Today in the European session, while the Gold technical Analysis December 13, 2022, is prepared at 5:15 GMT, the XAU/USD trading at 1783.60, which is 0.11% higher than Yesterday’s close.
The Gold is expected to find support at 1778.00, and a fall through could take it to the next support level of 1774.00. The pair is expected to find its first resistance at 1792.00, and a rise through could take it to the next resistance level of 1797.00. Today’s expected trading range is between 1767.00, support, and 1806.00 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1778.00
Support 2: 1774.00
Support 3: 1767.00
Important resistance levels:
Resistance 1: 1792.00
Resistance 2: 1797.00
Resistance 3: 1806.00