Gold Technical Analysis November 14, 2022
The Gold declined 0.95% against the USD on Friday and closed at 1769.90. Today in the European session, while the Gold technical Analysis November 14, 2022, is prepared at 5:15 GMT, the XAU/USD trading at 1756.60, which is 0.75% lower than Yesterday’s close.
The Gold is expected to find support at 1754.00, and a fall through could take it to the next support level of 1747.00. The pair is expected to find its first resistance at 1772.00, and a rise through could take it to the next resistance level of 1779.00. Today’s expected trading range is between 1721.00, support, and 1788.00 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1754.00
Support 2: 1747.00
Support 3: 1721.00
Important resistance levels:
Resistance 1: 1772.00
Resistance 2: 1779.00
Resistance 3: 1788.00