Gold Movement
For the 24 hours to 23:00 GMT, Gold declined 0.18% against the USD and closed at USD1345.00 per ounce on Friday, amid broad strength in the US dollar.
In the Asian session, at GMT0300, the pair is trading at 1345.10, with gold trading slightly higher against the USD from Friday’s close.
The pair is expected to find support at 1335.87, and a fall through could take it to the next support level of 1326.63. The pair is expected to find its first resistance at 1358.27, and a rise through could take it to the next resistance level of 1371.43.
The yellow metal is trading below its 20 Hr and 50 Hr moving averages.
