Gold Technical Analysis August 25, 2022
The Gold rose 0.27% against the USD on Wednesday and closed at 1752.20. Today in the European session, while the Gold technical Analysis August 25, 2022, is preparing at 5:15 GMT, the XAU/USD trading at 1764.00, which is 0.67% higher than Yesterday’s close.
The Gold is expected to find support at 1755.00, and a fall through could take it to the next support level of 1750.00. The pair is expected to find its first resistance at 1767.00, and a rise through could take it to the next resistance level of 1772.00. Today’s expected trading range is between 1742.00, support, and 1782.00 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1755.00
Support 2: 1750.00
Support 3: 1742.00
Important resistance levels:
Resistance 1: 1767.50
Resistance 2: 1772.00
Resistance 3: 1782.00