Gold Movement
For the 24 hours to 23:00 GMT, Gold declined 0.81% against the USD and closed at USD1733.9 per ounce.
In the Asian session, at GMT0300, the pair is trading at 1733.00, with gold trading 0.05% lower against the USD from yesterday’s close.
The pair is expected to find support at 1714.80, and a fall through could take it to the next support level of 1696.60. The pair is expected to find its first resistance at 1750.50, and a rise through could take it to the next resistance level of 1768.00.
The yellow metal is trading above its 20 Hr and 50 Hr moving averages.
