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Gold Technical Analysis August 2, 2021


Gold Technical Analysis August 2, 2021

The Gold declined 0.79% against the USD on Friday and closed at 1814.40. Today in the Asian session, while Gold technical Analysis August 2, 2021 is preparing at 4:45 GMT, the XAU/USD trading at 1808.00, which is 0.30% lower from Yesterday’s close.

The Gold is expected to find support at 1806.00, and a fall through could take it to the next support level of 1894.00. The pair is expected to find its first resistance at 1818.00, and a rise through could take it to the next resistance level of 1824.00. Today’s expected trading range is between 1794.00, support and 1846.00 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 1806.00
Support 2: 1794:00
Support 3: 1790:00

Important resistance levels:

Resistance 1: 1818.00
Resistance 2: 1824.00
Resistance 3: 1833.00

Crude Oil Technical Analysis August 2, 2021

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