Gold Technical Analysis June 24, 2022
The Gold declined 0.77% against the USD on Thursday and closed at 1823.25. Today in the Asian session, while Gold technical Analysis 31 May 2022, is preparing at 5:45 GMT, the XAU/USD trading at 1826.00, which is 0.15% higher than Yesterday’s close.
The Gold is expected to find support at 1815.00, and a fall through could take it to the next support level of 1805.00. The pair is expected to find its first resistance at 1831.00, and a rise through could take it to the next resistance level of 1838.50. Today’s expected trading range is between 1798.00, support, and 1847.00 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1815.00
Support 2: 1805:00
Support 3: 1798:00
Important resistance levels:
Resistance 1: 1831.00
Resistance 2: 1838.50
Resistance 3: 1847.00