Gold Technical Analysis March 17, 2023
The Gold rose 0.04% against the USD on Thursday and closed at 1919.70. Today in the European session, while the Gold technical Analysis March 17, 2023, is prepared at 5:15 GMT, the XAU/USD is trading at 1931.00, which is 0.60% higher than Yesterday’s close.
The Gold is expected to find support at 1913.00, and a fall-through could take it to the next support level of 1908.00. The pair is expected to find its first resistance at 1934.00, and a rise-through could take it to the next resistance level of 1936.00. Today’s expected trading range is between 1886.00, support, and 1957.00 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1913.00
Support 2: 1908.00
Support 3: 1886.00
Important resistance levels:
Resistance 1: 1934.00
Resistance 2: 1936.00
Resistance 3: 1957.00