Gold Technical Analysis November 15, 2022
The Gold rose 0.45% against the USD on Monday and closed at 1771.70. Today in the European session, while the Gold technical Analysis November 15, 2022, is prepared at 5:15 GMT, the XAU/USD trading at 1777.60, which is 0.31% higher than Yesterday’s close.
The Gold is expected to find support at 1768.00, and a fall through could take it to the next support level of 1758.00. The pair is expected to find its first resistance at 1783.00, and a rise through could take it to the next resistance level of 1788.00. Today’s expected trading range is between 1754.00, support, and 1792.00 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1768.00
Support 2: 1758.00
Support 3: 1754.00
Important resistance levels:
Resistance 1: 1783.00
Resistance 2: 1788.00
Resistance 3: 1792.00