Gold Technical Analysis XAUUSD is trading at the $2518/2524 area, in case of rising and stability above the $2524 area per ounce, it will head to the first resistance area at $2530 and in case of continuing the rise, it will head to the $2536/2541 areas
On the other hand,
In case of falling and stability below the $2518 area, it will head to the first support area at $2512 and in case of continuing the decline, it will head to the support areas at $2506/2500
Gold Technical Analysis XAUUSD: Support and resistance levels
• Third resistance: 2541
• Second resistance: 2536
• First resistance: 2530
• Trading area: 2518/2524
• First support: 2512
• Second support: 2506
• Third support: 2500
