Gold Movement
Gold prices traded lower by 0.19% against the USD in the 24 hour period ending 23:00GMT, at 1761.29 per ounce, as the greenback strengthened.
In the Asian session, at GMT0300, Gold is trading at 1764.5, 0.18% higher from yesterday’s close.
Gold is expected to find support at 1757.22, and a fall through could take it to the next support level of 1749.94. Gold is expected to find its first resistance at 1773.46, and a rise through could take it to the next resistance level of 1782.42.
The yellow metal is trading between its 20 Hr and 50 Hr moving averages.
