Gold Technical Analysis October 14, 2022
The Gold rose 0.47% against the USD on Thursday and closed at 1665.78. Today in the European session, while the Gold technical Analysis October 14, 2022, is prepared at 5:15 GMT, the XAU/USD trading at 1655.00, which is 0.60% lower than Yesterday’s close.
The Gold is expected to find support at 1651.00, and a fall through could take it to the next support level of 1643.00. The pair is expected to find its first resistance at 1671.00, and a rise through could take it to the next resistance level of 1678.00. Today’s expected trading range is between 1615.00, support, and 1683.00 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1651.00
Support 2: 1643.00
Support 3: 1615.00
Important resistance levels:
Resistance 1: 1671.00
Resistance 2: 1678.00
Resistance 3: 1683.00