XAU/USD

Gold Technical Analysis XAUUSD: The price of gold is trading today at $2358 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 $2350 per ounce, and target the $2341 per ounce area to take profits while setting the $2367 per ounce area as a stop loss.
Gold Technical Analysis XAUUSD: On the other hand
On the other hand, if the purchase zone of $2367 per ounce is broken, the price may head to the $2374 per ounce area.
Gold Technical Analysis XAUUSD: resistance and support levels
• Second resistance: 2359.10
• First resistance: 2358.88
• Pivot level: 2358.49
• First support: 2358.00
• Second support: 2357.70