Gold Technical Analysis September 23, 2022
The Gold rose 0.42% against the USD on Thursday and closed at 1671.50. Today in the European session, while the Gold technical Analysis September 23, 2022, is prepared at 5:15 GMT, the XAU/USD trading at 1671.50, which is 1.57% lower than Yesterday’s close.
The Gold is expected to find support at 1642.00, and a fall through could take it to the next support level of 1630.00. The pair is expected to find its first resistance at 1656.00, and a rise through could take it to the next resistance level of 1675.00. Today’s expected trading range is between 1627.00, support, and 1685.00 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1642.00
Support 2: 1630.00
Support 3: 1627.00
Important resistance levels:
Resistance 1: 1656.00
Resistance 2: 1675.00
Resistance 3: 1685.00