Gold is trading at the $2368/2377 area, in case of rising and stability above the $2377 area per ounce, it will head to the first resistance area at $2384, and in case of continuing the rise, it will head to the $2392/2399 areas
Gold Technical Analysis XAUUSD On the other hand
In case of falling and stability below the $2368 area, it will head to the first support area at $2359, and in case of continuing the decline, it will head to the support areas at $2350/2341.
Gold Technical Analysis XAUUSD: Support and resistance levels
• Third resistance: 2399
• Second resistance: 2392
• First resistance: 2384
• Trading area: 2368/2377
• First support: 2359
• Second support: 2350
• Third support: 2341
