Gold Technical Analysis July 13, 2023
The Gold rose 1.29% against the USD on Wednesday and closed at 1957.50. Today in the European session, while the Gold technical Analysis July 13, 2023, is prepared at 5:15 GMT, the XAU/USD is trading at 1960.00, which is 0.11% higher than Yesterday’s close.
The Gold is expected to find support at 1952.00, and a fall-through could take it to the next support level of 1939.00. The pair is expected to find its first resistance at 1967.00, and a rise-through could take it to the next resistance level of 1972.00. Today’s expected trading range is between 1934.00 support, and 1982.00 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1952.00
Support 2: 1939.00
Support 3: 1934.00
Important resistance levels:
Resistance 1: 1967.00
Resistance 2: 1972.00
Resistance 3: 1982.00