Gold Technical Analysis XAUUSD is trading at the $2573/2566 area, in case of rising and stability above the $2573 area per ounce, it will head to the first resistance area at $2578, and in case of continuing the rise, it will head to the $2583/2588 areas.
Gold Technical Analysis XAUUSD On the other hand
In case of falling and stability below the $2566 area, it will head to the first support area at $2561, and in case of continuing the decline, it will head to the support areas at $2556/2551.
Gold Technical Analysis XAUUSD: Support and resistance levels
• Third Resistance: 2588
• Second Resistance: 2583
• First Resistance: 2578
• Trading Area: 2573/2566
• First Support: 2561
• Second Support: 2556
• Third Support: 2551
