Gold Technical Analysis XAUUSD is trading at the $2571/2562 area, in case of rising and stability above the $2571 area per ounce, it will head to the first resistance area at $2577, and in case of continuing the rise, and it will head to the $2583/2590 areas.
Gold Technical Analysis XAUUSD On the other hand,
In case of falling and stability below the $2562 area, it will head to the first support area at $2555, and in case of continuing the decline, it will head to the support areas at $2549/2542
Gold Technical Analysis XAUUSD: Support and resistance levels
• Third Resistance: 259
• Second Resistance: 2583
• First Resistance: 2577
• Trading Area: 2571/2562
• First Support: 2555
• Second Support: 2549
• Third Support: 2542