Gold Technical Analysis August 27, 2021
The Gold rose 0.04% against the USD on Thursday and closed at 1791.70. Today in the Asian session, while Gold technical Analysis August 27, 2021 is preparing at 5:45 GMT, the XAU/USD trading at 1796.00, which is 0.25% higher from Yesterday’s close.
The Gold is expected to find support at 1792.00, and a fall through could take it to the next support level of 1775.00. The pair is expected to find its first resistance at 1792.00, and a rise through could take it to the next resistance level of 1801.00. Today’s expected trading range is between 1757.00, support and 1831.00 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1792.00
Support 2: 1775:00
Support 3: 1757:00
Important resistance levels:
Resistance 1: 1805.00
Resistance 2: 1809.00
Resistance 3: 1831.00