Gold Technical Analysis XAUUSD is trading at the $2491/2500 area, in case of rising and stability above the $2500 area per ounce, it will head to the first resistance area at $2505 and in case of continuing the rise, it will head to the $2511/2516 areas
Gold Technical Analysis XAUUSD On the other hand,
In case of falling and stability below the $2491 area, it will head to the first support area at $2485 and in case of continuing the decline, it will head to the support areas at $2480/2474
Gold Technical Analysis XAUUSD: Support and resistance levels
• Third resistance: 2516
• Second resistance: 2511
• First resistance: 2505
• Trading area: 2491/2500
• First support: 2485
• Second support: 2480
• Third support: 2474
