Gold Movement
For the 24 hours to 23:00 GMT, the Gold declined 0.12% against the USD and closed at 1087.8, extending its previous session losses.
In the Asian session, at GMT0400, the pair is trading at 1092.8, with the gold trading 0.46% higher from yesterday’s close.
The pair is expected to find support at 1085.10, and a fall through could take it to the next support level of 1077.40. The pair is expected to find its first resistance at 1097.50, and a rise through could take it to the next resistance level of 1102.20.
The yellow metal is trading above its 20 Hr and 50 Hr moving averages.
