For the 24 hours to 23:00 GMT, Gold declined 0.75% against the USD and closed at USD1326.30 per ounce, as a stronger greenback dented demand for the precious yellow metal.

In the Asian session, at GMT0300, the pair is trading at 1328.40, with gold trading 0.16% higher against the USD from yesterday’s close.

The pair is expected to find support at 1322.13, and a fall through could take it to the next support level of 1315.87. The pair is expected to find its first resistance at 1336.13, and a rise through could take it to the next resistance level of 1343.87.

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

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