Gold Technical Analysis XAUUSD : Gold decline

Gold Technical Analysis XAUUSD The price of gold is trading today at a price of $ 2645 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 $ 2642 per ounce, and target the $ 2637 per ounce area to reap profits, with the $ 2652 per ounce area as a stop loss.

Gold Technical Analysis XAUUSD : On the other hand

On the other hand, if the $2652 per ounce buying zone is broken, the price may head to the $2655 per ounce area.

Gold Technical Analysis XAUUSD

Gold Technical Analysis XAUUSD : Resistance and support levels

  • Second resistance: 2655
  • First resistance: 2650
  • Pivot level: 2646
  • First support: 2640
  • Second support: 2635
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