Gold Technical Analysis June 26, 2023
The Gold rose 0.37% against the USD on Friday and closed at 1921.40. Today in the European session, while the Gold technical Analysis June 26, 2023, is prepared at 5:15 GMT, the XAU/USD is trading at 1930.00, which is 0.44% higher than Yesterday’s close.
The Gold is expected to find support at 1923.00, and a fall-through could take it to the next support level of 1910.00. The pair is expected to find its first resistance at 1937.00, and a rise-through could take it to the next resistance level of 1946.00. Today’s expected trading range is between 1900.00 support, and 1956.00 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1923.00
Support 2: 1910.00
Support 3: 1900.00
Important resistance levels:
Resistance 1: 1937.00
Resistance 2: 1946.00
Resistance 3: 1956.00