Gold Movement
For the 24 hours to 23:00 GMT, Gold declined 0.71% against the USD and closed at USD1321.70 per ounce.
In the Asian session, at GMT0400, the pair is trading at 1320.30, with gold trading 0.11% lower against the USD from yesterday’s close.
The pair is expected to find support at 1315.33, and a fall through could take it to the next support level of 1310.37. The pair is expected to find its first resistance at 1328.33, and a rise through could take it to the next resistance level of 1336.37.
The yellow metal is trading below its 20 Hr and 50 Hr moving averages.
