Gold Technical Analysis June 27, 2023
The Gold rose 0.01% against the USD on Monday and closed at 1923.00. Today in the European session, while the Gold technical Analysis June 27, 2023, is prepared at 5:15 GMT, the XAU/USD is trading at 1922.00, which is 0.05% lower than Yesterday’s close.
The Gold is expected to find support at 1918.00, and a fall-through could take it to the next support level of 1910.00. The pair is expected to find its first resistance at 1930.00, and a rise-through could take it to the next resistance level of 1937.00. Today’s expected trading range is between 1900.00 support, and 1946.00 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1918.00
Support 2: 1910.00
Support 3: 1900.00
Important resistance levels:
Resistance 1: 1930.00
Resistance 2: 1937.00
Resistance 3: 1946.00