XAU/USD

Gold Technical Analysis XAUUSD: The price of gold is trading today at $2366 per ounce. Trading appears in a downward trend, as the price of gold is trading below the intersections of the Moving Average indicators. As for the MACD indicator, it indicates a negative trend.
Accordingly, we can look to sell from the decline to the price of $2361 per ounce, and target the $2353 per ounce area to take profits while setting the $2376 per ounce area as a stop loss.
Gold Technical Analysis XAUUSD: On the other hand
On the other hand, if the purchase zone of $2376 per ounce is broken, the price may head to the $2380 per ounce area.
Gold Technical Analysis XAUUSD: resistance and support levels
• Second resistance: 2372.95
• First resistance: 2370.40
• Pivot level: 2363.90
• First support: 2359.95
• Second support: 2357.40