For the 24 hours to 23:00 GMT, Gold declined 0.71% against the USD and closed at USD1217.20 per ounce, amid strength in greenback.
In the Asian session, at GMT0300, the pair is trading at 1216.20, with gold trading 0.08% lower against the USD from yesterday’s close.
The pair is expected to find support at 1210.27, and a fall through could take it to the next support level of 1204.33. The pair is expected to find its first resistance at 1226.07, and a rise through could take it to the next resistance level of 1235.93.
The yellow metal is trading below its 20 Hr and 50 Hr moving averages.
