XAU/USD

Gold Technical Analysis XAUUSD The price of gold is trading today at a price of $ 2553 per ounce, trading appears in an upward trend as the price of gold is trading above the intersections of the Moving Average indicators, as for the MACD indicator, it indicates a positive trend
Based on that, we can consider buying from the rise to a price of $ 2559 per ounce, and target the $ 2569 per ounce area to reap profits, with the $ 2538 per ounce area as a stop loss.
Gold Technical Analysis XAUUSD: On the other hand
On the other hand, if the $2538 per ounce buying zone is broken, the price may head to the $2531 per ounce area.
Gold Technical Analysis XAUUSD: Resistance and support levels
• Second resistance: 2555.20
• First resistance: 2554.69
• Pivot level: 2553.92
• First support: 2553.10
• Second support: 2552.55