Gold Technical Analysis October 3, 2022
The Gold declined 0.02% against the USD on Friday and closed at 1660.80. Today in the European session, while the Gold technical Analysis October 3, 2022, is prepared at 5:15 GMT, the XAU/USD trading at 1666.00, which is 0.31% higher than Yesterday’s close.
The Gold is expected to find support at 1660.00, and a fall through could take it to the next support level of 1655.00. The pair is expected to find its first resistance at 1669.00, and a rise through could take it to the next resistance level of 1675.00. Today’s expected trading range is between 1642.00, support, and 1687.00 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1660.00
Support 2: 1655.00
Support 3: 1642.00
Important resistance levels:
Resistance 1: 1679.00
Resistance 2: 1675.00
Resistance 3: 1687.00