Gold Technical Analysis July 19, 2021
The Gold declined 1.00% against the USD on Friday and closed at 1811.50. Today in the Asian session, while Gold technical Analysis July 19, 2021 is preparing at 4:45 GMT, the XAU/USD trading at 1803.00, which is 0.45% lower from Yesterday’s close.
The Gold is expected to find support at 1802.00, and a fall through could take it to the next support level of 1799.00. The pair is expected to find its first resistance at 1817.00, and a rise through could take it to the next resistance level of 1826.00. Today’s expected trading range is between 1799.00, support and 1845.00 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1802.00
Support 2: 1799:00
Support 3: 1792:00
Important resistance levels:
Resistance 1: 1817.00
Resistance 2: 1826.00
Resistance 3: 1833.00