Gold Movement
Gold prices traded higher 0.75% against the USD in the 24 hour period ending 23:00GMT on Friday, at 1713.84 per ounce.
In the Asian session, at GMT0400, Gold is trading at 1707.88, 0.35% lower from Friday’s close.
Gold is expected to find support at 1684.70, and a fall through could take it to the next support level of 1661.51. Gold is expected to find its first resistance at 1723.20, and a rise through could take it to the next resistance level of 1738.51.
The yellow metal is trading above its 20 Hr and 50 Hr moving averages.
