Gold Technical Analysis XAUUSD is trading at the $2409/2416 area. In the event of an ascent and stability above the $2416 area per ounce, it will head to the first resistance area at $2422, and if the rise is completed, it will head to the $2427/2432 area.
Gold Technical Analysis XAUUSD On the other side
In the event of a decline and stability below the $2409 area, it will head to the first support area at $2402, and if the decline is completed, it will head to the support areas at $2397/2390.
Gold Technical Analysis XAUUSD: support and resistance levels
• Third resistance: 2432
• Second resistance: 2427
• First resistance: 2422
• Trading area: 2409/2416
• First support: 2402
• Second support: 2397
• Third support: 2390
