Gold Movement
For the 24 hours to 23:00 GMT, Gold slightly declined against the USD and closed at USD1335.80 per ounce.
In the Asian session, at GMT0400, the pair is trading at 1343.90, with gold trading 0.61% higher against the USD from yesterday’s close.
The pair is expected to find support at 1334.53, and a fall through could take it to the next support level of 1325.17. The pair is expected to find its first resistance at 1349.03, and a rise through could take it to the next resistance level of 1354.17.
The yellow metal is trading above its 20 Hr and 50 Hr moving averages.
