Gold Technical Analysis July 3, 2023
The Gold rise 0.55% against the USD on Friday and closed at 1919.10. Today in the European session, while the Gold technical Analysis July 3, 2023, is prepared at 5:15 GMT, the XAU/USD is trading at 1913.50, which is 0.29% 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 1910.00, and a rise-through could take it to the next resistance level of 1920.00. Today’s expected trading range is between 1920.00 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: 1910.00
Resistance 2: 1920.00
Resistance 3: 1930.00