Gold Technical Analysis September 15, 2022
The Gold declined 0.13% against the USD on Wednesday and closed at 1697.00. Today in the European session, while the Gold technical Analysis September 15, 2022, is preparing at 5:15 GMT, the XAU/USD trading at 1687.00, which is 0.57% lower than Yesterday’s close.
The Gold is expected to find support at 1685.50, and a fall through could take it to the next support level of 1671.00. The pair is expected to find its first resistance at 1694.00, and a rise through could take it to the next resistance level of 1698.00. Today’s expected trading range is between 1660.00, support, and 1707.00 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1685.50
Support 2: 1671.00
Support 3: 1660.00
Important resistance levels:
Resistance 1: 1694.00
Resistance 2: 1698.00
Resistance 3: 1707.00