Gold Technical Analysis July 27, 2021
The Gold declined 0.25% against the USD on Monday and closed at 1797.70. Today in the Asian session, while Gold technical Analysis July 27, 2021 is preparing at 4:45 GMT, the XAU/USD trading at 1797.00, which is 0.05% lower from Yesterday’s close.
The Gold is expected to find support at 1800.00, and a fall through could take it to the next support level of 1794.00. The pair is expected to find its first resistance at 1811.00, and a rise through could take it to the next resistance level of 1824.00. Today’s expected trading range is between 1773.00, support and 1811.00 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1794.00
Support 2: 1788:00
Support 3: 1773:00
Important resistance levels:
Resistance 1: 1801.00
Resistance 2: 1807.00
Resistance 3: 1811.00