Gold Technical Analysis September 27, 2022
The Gold declined 1.18% against the USD on Tuesday and closed at 1623.80. Today in the European session, while the Gold technical Analysis September 27, 2022, is prepared at 5:15 GMT, the XAU/USD trading at 1640.00, which is 1.00% higher than Yesterday’s close.
The Gold is expected to find support at 1622.00, and a fall through could take it to the next support level of 1613.00. The pair is expected to find its first resistance at 1641.00, and a rise through could take it to the next resistance level of 1648.00. Today’s expected trading range is between 1600.00, support, and 1675.00 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1622.00
Support 2: 1613.00
Support 3: 1600.00
Important resistance levels:
Resistance 1: 1641.00
Resistance 2: 1648.00
Resistance 3: 1657.00