For the 24 hours to 23:00 GMT, Gold rose 0.07% against the USD and closed at USD1813.50 per ounce, as the US Dollar weakened.

In the Asian session, at GMT0400, the pair is trading at 1811.60, with gold trading 0.10% lower against the USD from yesterday’s close.

The pair is expected to find support at 1803.90, and a fall through could take it to the next support level of 1796.20. The pair is expected to find its first resistance at 1819.40, and a rise through could take it to the next resistance level of 1827.20.

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The yellow metal is showing convergence with its 20 Hr moving average and trading above its 50 Hr moving average.

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