Gold: Gold is trading higher in the Asian session

Gold

Gold Movement

For the 24 hours to 23:00 GMT, Gold prices traded higher by 0.33% against the USD, at 1134.80 per ounce.

In the Asian session, at GMT0300, the pair is trading at 1141.00, with gold trading 0.55% higher from yesterday’s close.

The pair is expected to find support at 1130.10, and a fall through could take it to the next support level of 1119.20. The pair is expected to find its first resistance at 1146.80, and a rise through could take it to the next resistance level of 1152.60.

The yellow metal is trading above its 20 Hr and 50 Hr moving averages.

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