Gold Technical Analysis XAUUSD is trading at the $2423/2429 area, in case of rising and stability above the $2429 area per ounce, it will head to the first resistance area at $2433 and in case of continuing the rise, it will head to the $2438/2442 areas
Gold Technical Analysis XAUUSD On the other hand,
In case of falling and stability below the $2423 area, it will head to the first support area at $2418 and in case of continuing the decline, it will head to the support areas at $2413/2408
Gold Technical Analysis XAUUSD: Support and resistance levels
• Third resistance: 2442
• Second resistance: 2438
• First resistance: 2433
• Trading area: 2423/2429
• First support: 2418
• Second support: 2413
• Third support: 2408