Gold Technical Analysis XAUUSD: The price of gold is trading today at a price of $ 2666 per ounce, trading appears in an upward trend as the price of gold is trading above most of the intersections of the Moving Average indicators, as for the MACD indicator, it indicates a positive trend
Accordingly, in the event of a sale, we will wait for a drop to a price of $ 2672 per ounce, and target the $ 2678 per ounce area to reap profits, with the $ 2658 per ounce area as a stop loss.
Gold Technical Analysis XAUUSD: On the other hand
On the other hand, if the selling area of $2658 per ounce is broken, the price may head to the area of $2652 per ounce.
Gold Technical Analysis XAUUSD: Resistance and support levels
- Second resistance: 2676
- First resistance: 2671
- Pivot level: 2667
- First support: 2661
- Second support: 2656
