Gold Movement
For the 24 hours to 23:00 GMT, Gold traded flat against the USD and closed at USD1152.00 per ounce.
In the Asian session, at GMT0400, the pair is trading at 1157.5, with the gold trading 0.48% higher from yesterday’s close.
The pair is expected to find support at 1151.93, and a fall through could take it to the next support level of 1146.37. The pair is expected to find its first resistance at 1161.23, and a rise through could take it to the next resistance level of 1164.97.
The yellow metal is trading above its 20 Hr and 50 Hr moving averages.
