Gold Technical Analysis July 13, 2022
The Gold declined 0.41% against the USD on Tuesday and closed at 1726.30. Today in the European session, while Gold technical Analysis 31 May 2022, is preparing at 5:15 GMT, the XAU/USD trading at 1729.00, which is 0.17% higher than Yesterday’s close.
The Gold is expected to find support at 1723.00, and a fall through could take it to the next support level of 1717.00. The pair is expected to find its first resistance at 1739.00, and a rise through could take it to the next resistance level of 1744.00. Today’s expected trading range is between 1700.00, support, and 1752.00 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1723.00
Support 2: 1717:00
Support 3: 1700:00
Important resistance levels:
Resistance 1: 1739.00
Resistance 2: 1744.00
Resistance 3: 1752.00