Gold Movement
For the 24 hours to 23:00 GMT, Gold declined 0.64% against the USD and closed at USD1344.3 per ounce, amid a stronger US Dollar.
In the Asian session, at GMT0300, the pair is trading at 1345.9, with the gold trading 0.12% higher from yesterday’s close.
The pair is expected to find support at 1337.73, and a fall through could take it to the next support level of 1329.57. The pair is expected to find its first resistance at 1356.73, and a rise through could take it to the next resistance level of 1367.57.
The yellow metal is trading below its 20 Hr and 50 Hr moving averages.
