Gold Technical Analysis XAUUSD is trading at the $2507/2512 area, in case of rising and stability above the $2512 area per ounce, it will head to the first resistance area at $2517 and in case of continuing the rise, it will head to the $2522/2527 areas
Gold Technical Analysis XAUUSD On the other hand,
In case of falling and stability below the $2507 area, it will head to the first support area at $2502 and in case of continuing the decline, it will head to the support areas at $2496/2490
Gold Technical Analysis XAUUSD: Support and resistance levels
• Third resistance: 2527
• Second resistance: 2522
• First resistance: 2517
• Trading area: 2507/2512
• First support: 2502
• Second support: 2496
• Third support: 2490