Gold Technical Analysis XAUUSD is trading at the $2518/2525 area, in case of rising and stability above the $2525 area per ounce, it will head to the first resistance area at $2531 and in case of continuing the rise, it will head to the $2537/2543 areas
Gold Technical Analysis XAUUSD On the other hand,
In case of falling and stability below the $2518 area, it will head to the first support area at $2511 and in case of continuing the decline, it will head to the support areas at $2504/2498
Gold Technical Analysis XAUUSD: Support and resistance levels
• Third resistance: 2543
• Second resistance: 2537
• First resistance: 2531
• Trading area: 2518/2525
• First support: 2511
• Second support: 2504
• Third support: 2498
