Gold Technical Analysis June 15, 2022
The Gold declined 0.33% against the USD on Tuesday and closed at 1809.30. Today in the Asian session, while Gold technical Analysis 31 May 2022, is preparing at 5:45 GMT, the XAU/USD trading at 1822.00, which is 0.70% higher than Yesterday’s close.
The Gold is expected to find support at 1805.00, and a fall through could take it to the next support level of 1798.00. The pair is expected to find its first resistance at 1825.00, and a rise through could take it to the next resistance level of 1831.00. Today’s expected trading range is between 1787.00, support, and 1839.00 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1805.00
Support 2: 1798:00
Support 3: 1787:00
Important resistance levels:
Resistance 1: 1825.00
Resistance 2: 1831.00
Resistance 3: 1839.00