Gold Technical Analysis XAUUSD: Gold rise

Gold Technical Analysis XAUUSD The price of gold is trading today at a price of $ 2674 per ounce, trading appears in an upward trend as the price of gold is trading under most of the intersections of the Moving Average indicators, as for the MACD indicator, it indicates a positive trend

Accordingly, in the case of buying, we will wait for the rise to a price of $ 2680 per ounce, and target the $ 2688 per ounce area to reap profits, with the $ 2662 per ounce area as a stop loss.

Gold Technical Analysis XAUUSD: On the other hand

On the other hand, if the selling area of ​​$2662 per ounce is broken, the price may head to the area of ​​$2656 per ounce.

Gold Technical Analysis XAUUSD

Gold Technical Analysis XAUUSD: Resistance and support levels

  • Second resistance: 2685
  • First resistance: 2680
  • Pivot level: 2675
  • First support: 2670
  • Second support: 2665
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