Gold Movement
On Friday Gold prices higher by 0.31% against the USD in the period ending 21:00GMT, at 1390.70 per ounce.
In the Asian session, at GMT0300, Gold is trading at 1391.36, marginally higher from Friday’s close.
Gold is expected to find support at 1382.51, and a fall through could take it to the next support level of 1373.65. Gold is expected to find its first resistance at 1396.36, and a rise through could take it to the next resistance level of 1401.35.
The yellow metal is trading just above its 20 Hr and 50 Hr moving averages.
