Gold Movement
Gold prices traded higher by 0.39% against the USD in the 24 hour period ending 23:00GMT, at 1780.06 per ounce.
In the Asian session, at GMT0300, Gold is trading at 1781.52, 0.08% higher from yesterday’s close.
Gold is expected to find support at 1774.41, and a fall through could take it to the next support level of 1767.30. Gold is expected to find its first resistance at 1785.29, and a rise through could take it to the next resistance level of 1789.06.
The yellow metal is trading above its 20 Hr and 50 Hr moving averages.
