Gold Technical Analysis XAUUSD is trading at the $2492/2498 area, in case of rising and stability above the $2498 area per ounce, it will head to the first resistance area at $2504, and in case of continuing the rise, it will head to the $2508/2514 areas
On the other hand,
In case of falling and stability below the $2492 area, it will head to the first support area at $2486, and in case of continuing the decline, it will head to the support areas at $2480/2475
Gold Technical Analysis XAUUSD: Support and resistance levels
• Third resistance: 2514
• Second resistance: 2508
• First resistance: 2504
• Trading area: 2492/2498
• First support: 2486
• Second support: 2480
• Third support: 2475
