Gold Movement
Gold prices traded higher by 0.18% against the USD in the 24 hour period ending 23:00GMT, at 1574.55 per ounce.
In the Asian session, at GMT0300, Gold is trading at 1575.68, 0.07% higher from yesterday’s close.
Gold is expected to find support at 1564.58, and a fall through could take it to the next support level of 1553.49. Gold is expected to find its first resistance at 1585.21, and a rise through could take it to the next resistance level of 1594.75.
The yellow metal is trading between its 20 Hr and 50 Hr moving averages.
