XAU/USD
Gold Technical Analysis The price of gold is trading today at a price of $ 2510 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 look to buy from the rise to a price of $ 2513 per ounce, and target the $ 2519 per ounce area to reap profits, with the $ 2503 per ounce area as a stop loss.
Gold Technical Analysis XAUUSD: On the other hand
On the other hand, if the selling area of $2503 per ounce is broken, the price may head to the $2499 per ounce area.
Gold Technical Analysis XAUUSD: Resistance and Support Levels
• Second Resistance: 2513.11
• First Resistance: 2512.09
• Pivot Level: 2510.55
• First Support: 1509.83
• Second Support: 2508.65