Gold Movement
For the 24 hours to 23:00 GMT, Gold rose 0.30% against the USD and closed at USD1491.50 per ounce, amid ongoing uncertainty surrounding Brexit deal.
In the Asian session, at GMT0300, the pair is trading at 1492.40, with gold trading 0.06% higher against the USD from yesterday’s close.
The pair is expected to find support at 1487.50, and a fall through could take it to the next support level of 1482.60. The pair is expected to find its first resistance at 1495.50, and a rise through could take it to the next resistance level of 1498.60.
The yellow metal is trading above its 20 Hr and 50 Hr moving averages.
