Gold Technical Analysis June 23, 2023
The Gold declined 01.04% against the USD on Thursday and closed at 1913.20. Today in the European session, while the Gold technical Analysis June 23, 2023, is prepared at 5:15 GMT, the XAU/USD is trading at 1919.00, which is 0.31% higher than Yesterday’s close.
The Gold is expected to find support at 1910.00, and a fall-through could take it to the next support level of 1900.00. The pair is expected to find its first resistance at 1920.00, and a rise-through could take it to the next resistance level of 1925.00. Today’s expected trading range is between 1892.00 support, and 1938.00 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1910.00
Support 2: 1900.00
Support 3: 1892.00
Important resistance levels:
Resistance 1: 1920.00
Resistance 2: 1925.00
Resistance 3: 1938.00