Thu, Jan 29, 2026 10:57 GMT
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    Gold: Yellow Metal Extends Its Losses In The Asian Session

    For the 24 hours to 23:00 GMT, Gold declined 0.81% against the USD and closed at USD1733.9 per ounce.

    In the Asian session, at GMT0300, the pair is trading at 1733.00, with gold trading 0.05% lower against the USD from yesterday’s close.

    The pair is expected to find support at 1714.80, and a fall through could take it to the next support level of 1696.60. The pair is expected to find its first resistance at 1750.50, and a rise through could take it to the next resistance level of 1768.00.

    The yellow metal is trading above its 20 Hr and 50 Hr moving averages.

    GCI Financial
    GCI Financialhttp://www.gcitrading.com/
    DISCLAIMER : GCI's Daily Market Commentary is provided for informational purposes only. The information contained in these reports is gathered from reputable news sources and is not intended to be used as investment advice. GCI assumes no responsibility or liability from gains or losses incurred by the information herein contained.

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