Gold Technical Analysis October 13, 2022
The Gold rose 0.40% against the USD on Wednesday and closed at 1673.10. Today in the European session, while the Gold technical Analysis October 13, 2022, is prepared at 5:15 GMT, the XAU/USD trading at 1675.00, which is 0.12% higher than Yesterday’s close.
The Gold is expected to find support at 1667.00, and a fall through could take it to the next support level of 1661.00. The pair is expected to find its first resistance at 1677.00, and a rise through could take it to the next resistance level of 1683.00. Today’s expected trading range is between 1643.00, support, and 1694.00 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1667.00
Support 2: 1661.00
Support 3: 1643.00
Important resistance levels:
Resistance 1: 1677.00
Resistance 2: 1683.00
Resistance 3: 1694.00