For the 24 hours to 23:00 GMT, Gold rose 0.44% against the USD and closed at USD1197.90 per ounce, amid weakness in the US dollar.
In the Asian session, at GMT0300, the pair is trading at 1196.30, with gold trading 0.13% lower against the USD from yesterday’s close.
The pair is expected to find support at 1190.33, and a fall through could take it to the next support level of 1184.37. The pair is expected to find its first resistance at 1200.43, and a rise through could take it to the next resistance level of 1204.57.
The yellow metal is trading above its 20 Hr and 50 Hr moving averages.
