Gold Technical Analysis Sep 25, 2023
The Gold rose 0.27% against the USD on Friday and closed at 1925.00. Today in the European session, while the Gold technical Analysis Sep 25, 2023, is prepared at 5:15 GMT, the XAU/USD is trading at 1922.00, which is 0.15% lower than Yesterday’s close.
The Gold is expected to find support at 1920.00, and a fall-through could take it to the next support level of 1914.00. The pair is expected to find its first resistance at 1928.00, and a rise-through could take it to the next resistance level of 1936.00. Today’s expected trading range is between 1901.00 support and 1947.00 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1920.00
Support 2: 1914.00
Support 3: 1901.00
Important resistance levels:
Resistance 1: 1928.00
Resistance 2: 1936.00
Resistance 3: 1947.00