Gold is trading at the $2296/2308 area. In the event of an ascent and stability above the 2308 area, it will head to the first resistance area at 2319. If the ascent is completed, it will head to the 2328/2338 area.
Gold Technical Analysis XAUUSD On the other side
In the event of a decline and stability below the 2296 area, it will head to the first support area at 2286, and in the event of the decline completing, it will head to the support areas at 2265/2276.
Gold Technical Analysis XAUUSD: support and resistance levels
• Third resistance: 2338
• Second resistance: 2328
• First resistance: 2319
• Trading area: 2296/2308
• First support: 2286
• Second support: 2276
• Third support: 2265
