Gold Technical Analysis March 24, 2023
The Gold rose 1.28% against the USD on Thursday and closed at 1993.10. Today in the European session, while the Gold technical Analysis March 24, 2023, is prepared at 5:15 GMT, the XAU/USD is trading at 1995.00, which is 0.07% higher than Yesterday’s close.
The Gold is expected to find support at 1982.00, and a fall-through could take it to the next support level of 1967.00. The pair is expected to find its first resistance at 2002.00, and a rise-through could take it to the next resistance level of 2008.00. Today’s expected trading range is between 1950.00, support, and 2025.00 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1982.00
Support 2: 1967.00
Support 3: 1950.00
Important resistance levels:
Resistance 1: 2002.00
Resistance 2: 2008.00
Resistance 3: 2025.00