Gold Movement
Gold prices traded lower by 0.17% against the USD in the 24 hour period ending 23:00GMT, at 1767.80 per ounce.
In the Asian session, at GMT0300, Gold is trading at 1771.75, 0.22% higher from yesterday’s close.
Gold is expected to find support at 1760.68, and a fall through could take it to the next support level of 1749.62. Gold is expected to find its first resistance at 1778.28, and a rise through could take it to the next resistance level of 1784.82.
The yellow metal is trading above its 20 Hr and 50 Hr moving averages.
