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Gold Technical Analysis August 3, 2021


Gold Technical Analysis August 3, 2021

The Gold declined 0.08% against the USD on Monday and closed at 1813.10. Today in the Asian session, while Gold technical Analysis August 3, 2021 is preparing at 4:45 GMT, the XAU/USD trading at 1810.00, which is 0.20% 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 1809.00, and a rise through could take it to the next resistance level of 1824.00. Today’s expected trading range is between 1790.00, support and 1833.00 resistance.

The expected trend for today is Bearish

Important support levels:

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

Important resistance levels:

Resistance 1: 1809.00
Resistance 2: 1824.00
Resistance 3: 1833.00

Crude Oil Technical Analysis August 3, 2021

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