Gold Technical Analysis September 7, 2021
The Gold declined 0.28% against the USD on Monday and closed at 1823.00. Today in the European session, while Gold technical Analysis September 7, 2021 is preparing at 9:45 GMT, the XAU/USD trading at 1813.00, which is 0.55% lower from Yesterday’s close.
The Gold is expected to find support at 1809.00, and a fall through could take it to the next support level of 1805.00. The pair is expected to find its first resistance at 1833.00, and a rise through could take it to the next resistance level of 1837.00. Today’s expected trading range is between 1802.00, support and 1833.00 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1809.00
Support 2: 1805:00
Support 3: 1702:00
Important resistance levels:
Resistance 1: 1827.00
Resistance 2: 1833.00
Resistance 3: 1837.00