Gold Technical Analysis June 14, 2022
The Gold declined 3.14% against the USD on Monday and closed at 1819.00. Today in the Asian session, while Gold technical Analysis 31 May 2022, is preparing at 5:45 GMT, the XAU/USD trading at 1824.00, which is 0.27% higher than Yesterday’s close.
The Gold is expected to find support at 1814.50, and a fall through could take it to the next support level of 1807.50. The pair is expected to find its first resistance at 1831.50, and a rise through could take it to the next resistance level of 1819.00. Today’s expected trading range is between 1787.00, support, and 1858.00 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1814.50
Support 2: 1807:50
Support 3: 1787:00
Important resistance levels:
Resistance 1: 1831.50
Resistance 2: 1839.00
Resistance 3: 1858.00