Gold Movement
For the 24 hours to 23:00 GMT, Gold rose 0.07% against the USD and closed at USD1344.9 per ounce, amid a weaker greenback.
In the Asian session, at GMT0300, the pair is trading at 1350.1, with the gold trading 0.39% higher from yesterday’s close.
The pair is expected to find support at 1343.4, and a fall through could take it to the next support level of 1336.7. The pair is expected to find its first resistance at 1354.3, and a rise through could take it to the next resistance level of 1358.5.
The yellow metal is trading above its 20 Hr and 50 Hr moving averages.
