Gold Technical Analysis July 21, 2021
The Gold declined 0.13% against the USD on Tuesday and closed at 1810.25. Today in the Asian session, while Gold technical Analysis July 21, 2021 is preparing at 4:45 GMT, the XAU/USD trading at 1804.00, which is 0.34% lower from Yesterday’s close.
The Gold is expected to find support at 1802.00, and a fall through could take it to the next support level of 1795.00. The pair is expected to find its first resistance at 1813.00, and a rise through could take it to the next resistance level of 1821.00. Today’s expected trading range is between 1792.00, support and 1833.00 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1802.00
Support 2: 1795:00
Support 3: 1792:00
Important resistance levels:
Resistance 1: 1813.00
Resistance 2: 1821.00
Resistance 3: 1833.00