
For the 24 hours to 23:00 GMT, Gold rose 0.58% against the USD and closed at USD1229.80 per ounce on Friday, amid weakness in US dollar and US equities.
In the Asian session, at GMT0300, the pair is trading at 1231.90, with gold trading 0.17% higher against the USD from Friday’s close.
The pair is expected to find support at 1220.67, and a fall through could take it to the next support level of 1209.43. The pair is expected to find its first resistance at 1239.17, and a rise through could take it to the next resistance level of 1246.43.
– advertisement –
The yellow metal is trading above its 20 Hr and 50 Hr moving averages.
Written by Admin
Product categories
Install your trader software at VPS server of one of the super fast providers:![]() |
|
Do you want to have such profits and charts? Choose our Megastorm EA for trading in the Forex market...![]() |
Finance news
![]() Stocks making the biggest moves in the premarket: Goldman Sachs, Bed Bath & Beyond, JetBlue & moreHere are some of the companies making headlines in premarket trading:Goldman Sachs (GS) — Goldman ... Read More ![]() Stock futures are flat ahead of earnings season kickoffU.S. stock futures were flat in overnight trading on Tuesday ahead of the first batch ... Read More ![]() ‘When is the housing market going to crash?’ is a red-hot search on Google – here’s whyRick Nazarro of Colonial Manor Realty talks with a pair of interested buyers in the ... Read More |