Gold Movement
For the 24 hours to 23:00 GMT, Gold declined 0.09% against the USD and closed at USD1805.20 per ounce.
In the Asian session, at GMT0300, the pair is trading at 1800.40, with gold trading 0.27% lower against the USD from yesterday’s close, as the US dollar strengthened.
The pair is expected to find support at 1792.13, and a fall through could take it to the next support level of 1783.87. The pair is expected to find its first resistance at 1813.73, and a rise through could take it to the next resistance level of 1827.07.
The yellow metal is trading below its 20 Hr and 50 Hr moving averages.
