Gold Technical Analysis August 30, 2021
The Gold rose 1.40% against the USD on Friday and closed at 1775.85. Today in the Asian session, while Gold technical Analysis August 30, 2021 is preparing at 5:45 GMT, the XAU/USD trading at 1816.00, which is 0.10% lower from Yesterday’s close.
The Gold is expected to find support at 1792.00, and a fall through could take it to the next support level of 1775.00. The pair is expected to find its first resistance at 1831.00, and a rise through could take it to the next resistance level of 1845.00. Today’s expected trading range is between 1762.00, support and 1862.00 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1809.00
Support 2: 1792:00
Support 3: 1784:00
Important resistance levels:
Resistance 1: 1831.00
Resistance 2: 1845.00
Resistance 3: 1862.00