Gold Technical Analysis XAUUSD is trading at the $2511/2506 area, in case of rising and stability above the $2511 area per ounce, it will head to the first resistance area at $2516, and in case of continuing the rise, and it will head to the $2521/2526 areas.
Gold Technical Analysis XAUUSD On the other hand,
In case of falling and stability below the $2506 area, it will head to the first support area at $2500, and in case of continuing the decline, it will head to the support areas at $2495/2490
Gold Technical Analysis XAUUSD: Support and resistance levels
• Third resistance: 2526
• Second resistance: 2521
• First resistance: 2516
• Trading area: 2511/2506
• First support: 2500
• Second support: 2495
• Third support: 2490
