Gold Movement
Gold prices traded higher by 0.11% against the USD in the 24 hour period ending 23:00GMT, at 1327.65 per ounce,
In the Asian session, at GMT0300, Gold is trading at 1332.59, 0.37% higher from yesterday’s close.
Gold is expected to find support at 1320.05, and a fall through could take it to the next support level of 1307.50. Gold is expected to find its first resistance at 1342.44, and a rise through could take it to the next resistance level of 1352.28.
The yellow metal is trading above its 20 Hr and 50 Hr moving averages.
