Gold Technical Analysis September 14, 2022
The Gold declined 1.31% against the USD on Tuesday and closed at 1702.23. Today in the European session, while the Gold technical Analysis September 14, 2022, is preparing at 5:15 GMT, the XAU/USD trading at 1703.00, which is 0.05% higher than Yesterday’s close.
The Gold is expected to find support at 1697.00, and a fall through could take it to the next support level of 1692.00. The pair is expected to find its first resistance at 1705.00, and a rise through could take it to the next resistance level of 1712.00. Today’s expected trading range is between 1689.00, support, and 1720.00 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1697.00
Support 2: 1692.00
Support 3: 1689.00
Important resistance levels:
Resistance 1: 1705.00
Resistance 2: 1712.00
Resistance 3: 1720.00