Gold Technical Analysis January 9, 2023
The Gold rose 1.86% against the USD on Friday and closed at 1866.60. Today in the European session, while the Gold technical Analysis January 9, 2023, is prepared at 5:15 GMT, the XAU/USD trading at 1875.00, which is 0.45% higher than Yesterday’s close.
The Gold is expected to find support at 1865.00, and a fall-through could take it to the next support level of 1834.00. The pair is expected to find its first resistance at 1880.00, and a rise through could take it to the next resistance level of 1894.00. Today’s expected trading range is between 1825.00, support, and 1898.00 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1865.00
Support 2: 1834.00
Support 3: 1825.00
Important resistance levels:
Resistance 1: 1880.00
Resistance 2: 1894.00
Resistance 3: 1898.00