Gold Technical Analysis February 14, 2023
The Gold declined 0.54% against the USD on Monday and closed at 1853.91. Today in the European session, while the Gold technical Analysis February 14, 2023, is prepared at 5:15 GMT, the XAU/USD is trading at 1854.00, which is 0.06% higher than Yesterday’s close.
The Gold is expected to find support at 1850.00, and a fall-through could take it to the next support level of 1843.00. The pair is expected to find its first resistance at 1866.00, and a rise-through could take it to the next resistance level of 1872.00. Today’s expected trading range is between 1825.00, support, and 1890.00 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1850.00
Support 2: 1843.00
Support 3: 1825.00
Important resistance levels:
Resistance 1: 1866.00
Resistance 2: 1872.00
Resistance 3: 1890.00