Gold Technical Analysis July 26, 2022
The Gold declined 0.37% against the USD on Monday and closed at 1719.50. Today in the European session, while the Gold technical Analysis July 26, 2022, is preparing at 5:15 GMT, the XAU/USD trading at 1717.00, which is 0.14% lower than Yesterday’s close.
The Gold is expected to find support at 1715.00, and a fall through could take it to the next support level of 1710.00. The pair is expected to find its first resistance at 1728.00, and a rise through could take it to the next resistance level of 1736.00. Today’s expected trading range is between 1698.00, support, and 1745.00 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1715.00
Support 2: 1710:00
Support 3: 1698:00
Important resistance levels:
Resistance 1: 1728.00
Resistance 2: 1736.00
Resistance 3: 1745.00