Gold Movement
For the 24 hours to 23:00 GMT, Gold declined 0.73% against the USD and closed at USD1428.40 per ounce, amid strength in the greenback.
In the Asian session, at GMT0300, the pair is trading at 1430.10, with gold trading 0.12% higher against the USD from yesterday’s close.
The pair is expected to find support at 1420.33, and a fall through could take it to the next support level of 1410.57. The pair is expected to find its first resistance at 1443.43, and a rise through could take it to the next resistance level of 1456.77.
The yellow metal is trading below its 20 Hr and 50 Hr moving averages.
