Gold Technical Analysis September 9, 2022
The Gold rose 0.57% against the USD on Thursday and closed at 1708.00. Today in the European session, while the Gold technical Analysis September 9, 2022, is preparing at 5:15 GMT, the XAU/USD trading at 1726.70, which is 1.05% 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 1704.00. The pair is expected to find its first resistance at 1729.00, and a rise through could take it to the next resistance level of 1740.00. Today’s expected trading range is between 1691.00, support, and 1745.00 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1714.00
Support 2: 1704.00
Support 3: 1691.00
Important resistance levels:
Resistance 1: 1729.00
Resistance 2: 1740.00
Resistance 3: 1745.00