Gold Technical Analysis June 28, 2022
The Gold declined 0.73% against the USD on Monday and closed at 1822.75. Today in the Asian session, while Gold technical Analysis 31 May 2022, is preparing at 5:45 GMT, the XAU/USD trading at 1825.60, which is 0.10% higher than Yesterday’s close.
The Gold is expected to find support at 1821.00, 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 1836.00, and a rise through could take it to the next resistance level of 1840.00. Today’s expected trading range is between 1805.00, support, and 1847.00 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1821.00
Support 2: 1815:00
Support 3: 1805:00
Important resistance levels:
Resistance 1: 1836.00
Resistance 2: 1840.50
Resistance 3: 1847.00