Gold Technical Analysis September 30, 2022
The Gold rose 0.10% against the USD on Thursday and closed at 1660.37. Today in the European session, while the Gold technical Analysis September 30, 2022, is prepared at 5:15 GMT, the XAU/USD trading at 1667.00, which is 0.40% higher than Yesterday’s close.
The Gold is expected to find support at 1661.00, and a fall through could take it to the next support level of 1655.00. The pair is expected to find its first resistance at 1674.00, and a rise through could take it to the next resistance level of 1685.00. Today’s expected trading range is between 1642.00, support, and 1687.00 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1661.00
Support 2: 1655.00
Support 3: 1642.00
Important resistance levels:
Resistance 1: 1674.00
Resistance 2: 1685.00
Resistance 3: 1687.00