Gold Technical Analysis XAUUSD is trading at the $2642/2650 area, in case of rising and stability above the $2650 area per ounce, it will head to the first resistance area at $2657, and in case of continuing the rise, it will head to the $2665/2672 areas
On the other hand,
In case of falling and stability below the $2642 area, it will head to the first support area at $2634, and in case of continuing the decline, it will head to the support areas at $2627/2618
Gold Technical Analysis XAUUSD: Support and resistance levels
• Third resistance: 2672
• Second resistance: 2665
• First resistance: 2657
• Trading area: 2642/2650
• First support: 2634
• Second support: 2627
• Third support: 2618
