Gold Technical Analysis March 15, 2023
The Gold declined 0.42% against the USD on Tuesday and closed at 1903.69. Today in the European session, while the Gold technical Analysis March 15, 2023, is prepared at 5:15 GMT, the XAU/USD is trading at 1898.00, which is 0.27% lower than Yesterday’s close.
The Gold is expected to find support at 1886.00, and a fall-through could take it to the next support level of 1872.00. The pair is expected to find its first resistance at 1905.00, and a rise-through could take it to the next resistance level of 1913.00. Today’s expected trading range is between 1850.00, support, and 1925.00 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1886.00
Support 2: 1872.00
Support 3: 1850.00
Important resistance levels:
Resistance 1: 1905.00
Resistance 2: 1913.00
Resistance 3: 1925.00