Gold Movement
For the 24 hours to 23:00 GMT, Gold declined 0.46% against the USD and closed at USD1456.70 per ounce.
In the Asian session, at GMT0400, the pair is trading at 1457.10, with gold trading slightly higher against the USD from yesterday’s close.
The pair is expected to find support at 1448.20, and a fall through could take it to the next support level of 1439.30. The pair is expected to find its first resistance at 1466.70, and a rise through could take it to the next resistance level of 1476.30.
The yellow metal is trading below its 20 Hr and 50 Hr moving averages.
