Gold Technical Analysis September 6, 2022
The Gold rose 0.07% against the USD on Monday and closed at 1710.00. Today in the European session, while the Gold technical Analysis September 6, 2022, is preparing at 5:15 GMT, the XAU/USD trading at 1709.50, which is 0.03% lower than Yesterday’s close.
The Gold is expected to find support at 1708.00, and a fall through could take it to the next support level of 1694.00. The pair is expected to find its first resistance at 1714.50, and a rise through could take it to the next resistance level of 1720.00. Today’s expected trading range is between 1689.00, support, and 1726.00 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1708.00
Support 2: 1694.00
Support 3: 1689.00
Important resistance levels:
Resistance 1: 1714.50
Resistance 2: 1720.00
Resistance 3: 1726.00