Gold Technical Analysis July 28, 2022
The Gold declined 1.00% against the USD on Wednesday and closed at 1734.80. Today in the European session, while the Gold technical Analysis July 28, 2022, is preparing at 5:15 GMT, the XAU/USD trading at 1745.00, which is 0.60% higher than Yesterday’s close.
The Gold is expected to find support at 1736.00, and a fall through could take it to the next support level of 1728.00. The pair is expected to find its first resistance at 1748.00, and a rise through could take it to the next resistance level of 1752.00. Today’s expected trading range is between 1711.00, support, and 1767.00 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1736.00
Support 2: 1728:00
Support 3: 1711:00
Important resistance levels:
Resistance 1: 1748.00
Resistance 2: 1752.00
Resistance 3: 1767.00