Gold Technical Analysis XAUUSD is trading at the $2575/2570 area, in case of rising and stability above the $2575 area per ounce, it will head to the first resistance area at $2580, and in case of continuing the rise, and it will head to the $2585/2590 areas
Gold Technical Analysis XAUUSD On the other hand
In case of falling and stability below the $2570 area, it will head to the first support area at $2565, and in case of continuing the decline, it will head to the support areas at $2560/2555.
Gold Technical Analysis XAUUSD: Support and resistance levels
• Third resistance: 2590
• Second resistance: 2585
• First resistance: 2580
• Trading area: 2575/2570
• First support: 2565
• Second support: 2560
• Third support: 2555