Gold Technical Analysis February 13, 2023
The Gold rose 0.16% against the USD on Friday and closed at 1865.22. Today in the European session, while the Gold technical Analysis February 13, 2023, is prepared at 5:15 GMT, the XAU/USD is trading at 1861.00, which is 0.22% lower than Yesterday’s close.
The Gold is expected to find support at 1854.00, and a fall-through could take it to the next support level of 1843.00. The pair is expected to find its first resistance at 1866.00, and a rise-through could take it to the next resistance level of 1872.00. Today’s expected trading range is between 1825.00, support, and 1890.00 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1855.00
Support 2: 1843.00
Support 3: 1825.00
Important resistance levels:
Resistance 1: 1866.00
Resistance 2: 1872.00
Resistance 3: 1890.00