Gold Technical Analysis December 22, 2022
The Gold declined 0.18% against the USD on Wednesday and closed at 1314.40. Today in the European session, while the Gold technical Analysis December 22, 2022, is prepared at 5:15 GMT, the XAU/USD trading at 1815.00, which is 0.15% lower than Yesterday’s close.
The Gold is expected to find support at 1813.00, and a fall through could take it to the next support level of 1809.00. The pair is expected to find its first resistance at 1820.00, and a rise through could take it to the next resistance level of 1824.00. Today’s expected trading range is between 1798.00, support, and 1831.00 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1813.00
Support 2: 1809.00
Support 3: 1798.00
Important resistance levels:
Resistance 1: 1820.00
Resistance 2: 1824.00
Resistance 3: 1831.00