Gold Technical Analysis July 20, 2021
The Gold rose 0.08% against the USD on Monday and closed at 1812.70. Today in the Asian session, while Gold technical Analysis July 20, 2021 is preparing at 4:45 GMT, the XAU/USD trading at 1817.00, which is 0.23% higher from Yesterday’s close.
The Gold is expected to find support at 1808.00, 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 1819.00, and a rise through could take it to the next resistance level of 1821.00. Today’s expected trading range is between 1799.00, support and 1845.00 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1808.00
Support 2: 1799:00
Support 3: 1792:00
Important resistance levels:
Resistance 1: 1819.00
Resistance 2: 1821.00
Resistance 3: 1833.00