Gold Technical Analysis XAUUSD is trading at the $2503/2510 area, in case of rising and stability above the $2510 area per ounce, it will head to the first resistance area at $2516, and in case of continuing the rise, it will head to the $2521/2527 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 $2497, and in case of continuing the decline, it will head to the support areas at $2492/2486
Gold Technical Analysis XAUUSD: Support and resistance levels
• Third resistance: 2527
• Second resistance: 2521
• First resistance: 2516
• Trading area: 2503/2510
• First support: 2497
• Second support: 2492
• Third support: 2486