Gold Technical Analysis September 2, 2022
The Gold declined 0.81% against the USD on Tuesday and closed at 1697.30. Today in the European session, while the Gold technical Analysis September 2, 2022, is preparing at 5:15 GMT, the XAU/USD trading at 1705.75, which is 0.50% higher than Yesterday’s close.
The Gold is expected to find support at 1689.00, and a fall through could take it to the next support level of 1681.00. The pair is expected to find its first resistance at 1708.00, and a rise through could take it to the next resistance level of 1723.00. Today’s expected trading range is between 1678.00, support, and 1726.00 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1689.00
Support 2: 1681.00
Support 3: 1678.00
Important resistance levels:
Resistance 1: 1708.00
Resistance 2: 1723.00
Resistance 3: 1726.00