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Gold Technical Analysis August 17, 2022


Gold Technical Analysis August 17, 2022

The Gold declined 0.20% against the USD on Tuesday and closed at 1775.88. Today in the European session, while the Gold technical Analysis August 17, 2022, is preparing at 5:15 GMT, the XAU/USD trading at 1768.50, which is 0.40% lower than Yesterday’s close.

The Gold is expected to find support at 1765.00, and a fall through could take it to the next support level of 1754.00. The pair is expected to find its first resistance at 1782.00, and a rise through could take it to the next resistance level of 1785.00. Today’s expected trading range is between 1735.00, support, and 1792.00 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 1765.00
Support 2: 1754:00
Support 3: 1735:00

Important resistance levels:

Resistance 1: 1782.00
Resistance 2: 1785.00
Resistance 3: 1792.00

Crude Oil Technical Analysis August 17, 2022

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