XAU/USD

Gold Technical Analysis XAUUSD: The price of gold is trading today at $2322 per ounce. Trading appears in a downward trend within the horizontal area, where 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 $2317 per ounce, and target the $2309 per ounce area to take profits, while setting the $2331 per ounce area as a stop loss.
Gold Technical Analysis XAUUSD: On the other hand
On the other hand, if the purchase area of $2331 per ounce is broken, the price may head to the $2336 per ounce area.
Gold Technical Analysis XAUUSD: resistance and support levels
• Second resistance: 2322.89
• First resistance: 2322.51
• Pivot level: 2322.26
• First support: 2321.82
• Second support: 2321.61