Gold Technical Analysis January 3, 2023
The Gold declined 0.24% against the USD on Tuesday and closed at 1819.10. Today in the European session, while the Gold technical Analysis January 3, 2023, is prepared at 5:15 GMT, the XAU/USD trading at 1839.00, which is 1.03% higher than Yesterday’s close.
The Gold is expected to find support at 1833.00, and a fall-through could take it to the next support level of 1825.00. The pair is expected to find its first resistance at 1850.00, and a rise through could take it to the next resistance level of 1857.00. Today’s expected trading range is between 1814.00, support, and 1878.00 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1933.00
Support 2: 1825.00
Support 3: 1814.00
Important resistance levels:
Resistance 1: 1850.00
Resistance 2: 1857.00
Resistance 3: 1878.00