Gold Technical Analysis XAUUSD is trading at the $2596/2585 area, in case of rising and stability above the $2596 area per ounce, it will head to the first resistance area at $2601, and in case of continuing the rise, and it will head to the $2606/2611 areas
Gold Technical Analysis XAUUSD On the other hand
In case of falling and stability below the $2585 area, it will head to the first support area at $2580, and in case of continuing the decline, it will head to the support areas at $2575/2570.
Gold Technical Analysis XAUUSD: Support and resistance levels
• Third Resistance: 2611
• Second Resistance: 2606
• First Resistance: 2601
• Trading Area: 2596/2585
• First Support: 2580
• Second Support: 2575
• Third Support: 2570
