Gold Technical Analysis June 30, 2023
The Gold declined 0.02% against the USD on Thursday and closed at 1908.10. Today in the European session, while the Gold technical Analysis June 30, 2023, is prepared at 5:15 GMT, the XAU/USD is trading at 1906.00, which is 0.11% lower than Yesterday’s close.
The Gold is expected to find support at 1901.00, and a fall-through could take it to the next support level of 1892.00. The pair is expected to find its first resistance at 1913.00, and a rise-through could take it to the next resistance level of 1916.00. Today’s expected trading range is between 1886.00 support, and 1930.00 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1901.00
Support 2: 1892.00
Support 3: 1886.00
Important resistance levels:
Resistance 1: 1913.00
Resistance 2: 1916.00
Resistance 3: 1930.00