Gold Technical Analysis December 23, 2022
The Gold declined 1.17% against the USD on Thursday and closed at 1792.70. Today in the European session, while the Gold technical Analysis December 23, 2022, is prepared at 5:15 GMT, the XAU/USD trading at 1797.00, which is 0.30% higher than 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 1785.00. The pair is expected to find its first resistance at 1799.00, and a rise through could take it to the next resistance level of 1812.00. Today’s expected trading range is between 1775.00, support, and 1820.00 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1792.00
Support 2: 1785.00
Support 3: 1775.00
Important resistance levels:
Resistance 1: 1799.00
Resistance 2: 1812.00
Resistance 3: 1820.00