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Gold Technical Analysis January 25, 2023


Gold Technical Analysis January 25, 2023

The Gold rose 0.33% against the USD on Tuesday and closed at 1937.28. Today in the European session, while the Gold technical Analysis January 25, 2023, is prepared at 5:15 GMT, the XAU/USD trading at 1926.00, which is 0.57% lower than Yesterday’s close.

The Gold is expected to find support at 1922.00, and a fall-through could take it to the next support level of 1917.00. The pair is expected to find its first resistance at 1939.00, and a rise-through could take it to the next resistance level of 1942.00. Today’s expected trading range is between 1912.00, support, and 1950.00 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 1922.00
Support 2: 1917.00
Support 3: 1912.00

Important resistance levels:

Resistance 1: 1939.00
Resistance 2: 1942.00
Resistance 3: 1950.00

Crude Oil Technical Analysis January 25, 2023

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