Gold Technical Analysis XAUUSD is trading the $2509/2503 area, in case of rising and stability above the $2509 area per ounce, it will head to the first resistance area at $2514, and in case of continuing the rise, and it will head to the $2519/2523 areas
Gold Technical Analysis XAUUSD On the other hand,
In case of falling and stability below the $2503 area, it will head to the first support area at $2498, and in case of continuing the decline, it will head to the support areas at $2493/2488
Gold Technical Analysis XAUUSD: Support and resistance levels
• Third Resistance: 2523
• Second Resistance: 2519
• First Resistance: 2514
• Trading Area: 2509/2503
• First Support: 2498
• Second Support: 2493
• Third Support: 2488
