Gold Technical Analysis June 23, 2022
The Gold declined 0.30% against the USD on Wednesday and closed at 1838.32. Today in the Asian session, while Gold technical Analysis 31 May 2022, is preparing at 5:45 GMT, the XAU/USD trading at 1833.45, which is 0.27% lower than Yesterday’s close.
The Gold is expected to find support at 1823.50, and a fall through could take it to the next support level of 1815.00. The pair is expected to find its first resistance at 1848.00, and a rise through could take it to the next resistance level of 1853.00. Today’s expected trading range is between 1805.00, support, and 1837.00 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1823.50
Support 2: 1815:00
Support 3: 1805:00
Important resistance levels:
Resistance 1: 1848.00
Resistance 2: 1853.00
Resistance 3: 1857.00