Gold Movement
For the 24 hours to 23:00 GMT, Gold marginally declined against the USD and closed at USD1744.90 per ounce.
In the Asian session, at GMT0300, the pair is trading at 1753.20, with gold trading 0.48% higher against the USD from yesterday’s close.
The pair is expected to find support at 1741.77, and a fall through could take it to the next support level of 1730.33. The pair is expected to find its first resistance at 1759.07, and a rise through could take it to the next resistance level of 1764.93.
The yellow metal is trading above its 20 Hr and 50 Hr moving averages.
