Gold Technical Analysis July 27, 2022
The Gold declined 0.10% against the USD on Tuesday and closed at 1717.20. Today in the European session, while the Gold technical Analysis July 27, 2022, is preparing at 5:15 GMT, the XAU/USD trading at 1722.00, which is 0.28% higher than Yesterday’s close.
The Gold is expected to find support at 1714.00, 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 1727.00, 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 Bullish
Important support levels:
Support 1: 1714.00
Support 2: 1710:00
Support 3: 1698:00
Important resistance levels:
Resistance 1: 1727.00
Resistance 2: 1736.00
Resistance 3: 1745.00