Gold Technical Analysis XAUUSD The price of gold is trading today at a price of $ 2736 per ounce, trading appears in a downward trend as the price of gold is trading below most of the intersections of the Moving Average indicators, as for the MACD indicator, it indicates a negative trend
Accordingly, in the event of a sale, we will wait for a drop to a price of $ 2733 per ounce, and target the $ 2728 per ounce area to reap profits, with the $ 2743 per ounce area as a stop loss.
Gold Technical Analysis XAUUSD: On the other hand
On the other hand, if the $2743 per ounce buying zone is broken, the price may head to the $2747 per ounce area.
Gold Technical Analysis XAUUSD: Resistance and support levels
- Second resistance: 2746
- First resistance: 2742
- Pivot level: 2737
- First support: 2731
- Second support: 2726
