Gold Movement
Gold prices traded lower by 0.17% against the USD in the 24 hour period ending 23:00GMT, at 1774.31 per ounce.
In the Asian session, at GMT0300, Gold is trading at 1773.43, 0.05% lower from yesterday’s close.
Gold is expected to find support at 1767.78, and a fall through could take it to the next support level of 1762.13. Gold is expected to find its first resistance at 1781.76, and a rise through could take it to the next resistance level of 1790.10.
The yellow metal is trading below its 20 Hr and 50 Hr moving averages.
