Gold Technical Analysis XAUUSD: Uptrend

Gold Technical Analysis XAUUSD The price of gold is trading today at $2757 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 case of buying, we will wait for the decline to $2747 per ounce, and target the $2766 per ounce area to reap profits, with the $2737 per ounce area as a stop loss.

Gold Technical Analysis XAUUSD: On the other hand

On the other hand, if the selling area of ​​$2737 per ounce is broken, the price may head to the $2729 per ounce area.

Gold Technical Analysis XAUUSD

Gold Technical Analysis XAUUSD: Resistance and Support Levels

  • Second Resistance: 2767
  • First Resistance: 2762
  • Pivot Level: 2757
  • First Support: 2752
  • Second Support: 2748
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