Gold Technical Analysis March 30, 2023
The Gold declined 0.47% against the USD on Wednesday and closed at 1964.50. Today in the European session, while the Gold technical Analysis March 30, 2023, is prepared at 5:15 GMT, the XAU/USD is trading at 1969.00, which is 0.23% higher than Yesterday’s close.
The Gold is expected to find support at 1956.00, and a fall-through could take it to the next support level of 1945.00. The pair is expected to find its first resistance at 1974.00, and a rise-through could take it to the next resistance level of 1981.00. Today’s expected trading range is between 1935.00, support, and 2000.00 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1956.00
Support 2: 1945.00
Support 3: 1935.00
Important resistance levels:
Resistance 1: 1974.00
Resistance 2: 1981.00
Resistance 3: 2000.00