Gold Technical Analysis July 28, 2021
The Gold rose 0.03% against the USD on Tuesday and closed at 1798.50. Today in the Asian session, while Gold technical Analysis July 28, 2021 is preparing at 4:45 GMT, the XAU/USD trading at 1801.00, which is 0.15% higher from Yesterday’s close.
The Gold is expected to find support at 1798.00, 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 1807.00, and a rise through could take it to the next resistance level of 1811.00. Today’s expected trading range is between 1788.00, support and 1824.00 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1798.00
Support 2: 1794:00
Support 3: 1788:00
Important resistance levels:
Resistance 1: 1807.00
Resistance 2: 1811.00
Resistance 3: 1824.00