Gold Technical Analysis September 8, 2022
The Gold rose 0.99% against the USD on Wednesday and closed at 1719.00. Today in the European session, while the Gold technical Analysis September 8, 2022, is preparing at 5:15 GMT, the XAU/USD trading at 1723.40, which is 0.26% higher than Yesterday’s close.
The Gold is expected to find support at 1714.00, and a fall through could take it to the next support level of 1710.00. The pair is expected to find its first resistance at 1726.50, and a rise through could take it to the next resistance level of 1714.50. Today’s expected trading range is between 1697.00, support, and 1765.00 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1714.00
Support 2: 1710.00
Support 3: 1697.00
Important resistance levels:
Resistance 1: 1726.50
Resistance 2: 1745.00
Resistance 3: 1765.00