Gold Technical Analysis January 30, 2023
The Gold declined 0.04% against the USD on Friday and closed at 1928.50. Today in the European session, while the Gold technical Analysis January 30, 2023, is prepared at 5:15 GMT, the XAU/USD trading at 1925.00, which is 0.17% lower than Yesterday’s close.
The Gold is expected to find support at 1924.00, and a fall-through could take it to the next support level of 1917.00. The pair is expected to find its first resistance at 1934.00, and a rise-through could take it to the next resistance level of 1937.00. Today’s expected trading range is between 1912.00, support, and 1948.00 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1924.00
Support 2: 1917.00
Support 3: 1912.00
Important resistance levels:
Resistance 1: 1934.00
Resistance 2: 1937.00
Resistance 3: 1948.00