Gold Technical Analysis August 31, 2021
The Gold declined 0.44% against the USD on Monday and closed at 1810.00. Today in the Asian session, while Gold technical Analysis August 31, 2021 is preparing at 5:45 GMT, the XAU/USD trading at 1815.00, which is 0.26% higher from Yesterday’s close.
The Gold is expected to find support at 1808.00, and a fall through could take it to the next support level of 1804.00. The pair is expected to find its first resistance at 1819.00, and a rise through could take it to the next resistance level of 1823.00. Today’s expected trading range is between 1784.00, support and 1831.00 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1808.00
Support 2: 1804:00
Support 3: 1784:00
Important resistance levels:
Resistance 1: 1819.00
Resistance 2: 1823.00
Resistance 3: 1831.00