Gold Technical Analysis June 30, 2022
The Gold declined 0.06% against the USD on Wednesday and closed at 1818.25. Today in the European session, while Gold technical Analysis 31 May 2022, is preparing at 11:45 GMT, the XAU/USD trading at 1812.00, which is 0.33% lower than Yesterday’s close.
The Gold is expected to find support at 1809.00, and a fall through could take it to the next support level of 1805.00. The pair is expected to find its first resistance at 1822.00, and a rise through could take it to the next resistance level of 1833.00. Today’s expected trading range is between 1887.00, support, and 1840.00 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1809.00
Support 2: 1805:00
Support 3: 1787:00
Important resistance levels:
Resistance 1: 1822.00
Resistance 2: 1832.50
Resistance 3: 1840.00