Gold Movement
Gold prices traded lower by 0.19% against the USD in the 24 hour period ending 23:00GMT, at 1759.38 per ounce.
In the Asian session, at GMT0300, Gold is trading at 1763.90, 0.15% higher from yesterday’s close.
Gold is expected to find support at 1757.87, and a fall through could take it to the next support level of 1751.84. Gold is expected to find its first resistance at 1769.14, and a rise through could take it to the next resistance level of 1774.38.
The yellow metal is trading between its 20 Hr and 50 Hr moving averages.
