Gold Technical Analysis December 9, 2022
The Gold rose 0.22% against the USD on Thursday and closed at 1789.60. Today in the European session, while the Gold technical Analysis December 9, 2022, is prepared at 5:15 GMT, the XAU/USD trading at 1792.00, which is 0.13% higher than Yesterday’s close.
The Gold is expected to find support at 1789.00, and a fall through could take it to the next support level of 1782.00. The pair is expected to find its first resistance at 1798.00, and a rise through could take it to the next resistance level of 1802.00. Today’s expected trading range is between 1767.00, support, and 1809.50 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1789.00
Support 2: 1782.00
Support 3: 1767.00
Important resistance levels:
Resistance 1: 1798.00
Resistance 2: 1802.00
Resistance 3: 1809.50