Gold Technical Analysis Sep 26, 2023
The Gold declined 0.53% against the USD on Monday and closed at 1915.00. Today in the European session, while the Gold technical Analysis Sep 26, 2023, is prepared at 5:15 GMT, the XAU/USD is trading at 1913.00, which is 0.15% lower than Yesterday’s close.
The Gold is expected to find support at 1910.00, and a fall-through could take it to the next support level of 1901.00. The pair is expected to find its first resistance at 1921.00, and a rise-through could take it to the next resistance level of 1928.00. Today’s expected trading range is between 1892.00 support and 1936.00 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1910.00
Support 2: 1901.00
Support 3: 1892.00
Important resistance levels:
Resistance 1: 1921.00
Resistance 2: 1928.00
Resistance 3: 1936.00