Gold Technical Analysis January 13, 2023
The Gold rose 1.07% against the USD on Thursday and closed at 1897.30. Today in the European session, while the Gold technical Analysis January 13, 2023, is prepared at 5:15 GMT, the XAU/USD trading at 1901.00, which is 0.20% higher than Yesterday’s close.
The Gold is expected to find support at 1892.00, and a fall-through could take it to the next support level of 1880.00. The pair is expected to find its first resistance at 1909.00, and a rise-through could take it to the next resistance level of 1918.00. Today’s expected trading range is between 1867.00, support, and 1924.00 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1892.00
Support 2: 1880.00
Support 3: 1867.00
Important resistance levels:
Resistance 1: 1909.00
Resistance 2: 1918.00
Resistance 3: 1924.00