For the 24 hours to 23:00 GMT, Gold declined 0.46% against the USD and closed at USD1224.80 per ounce, amid strength in the US dollar.
In the Asian session, at GMT0300, the pair is trading at 1226.40, with gold trading 0.13% higher against the USD from yesterday’s close.
The pair is expected to find support at 1222.33, and a fall through could take it to the next support level of 1218.27. The pair is expected to find its first resistance at 1230.93, and a rise through could take it to the next resistance level of 1235.47.
The yellow metal is trading between its 20 Hr and 50 Hr moving average.
