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 Gold: Trading Higher This Morning

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fxpulsation




Posts : 8759
Join date : 2012-01-25

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PostSubject: Gold: Trading Higher This Morning   Gold: Trading Higher This Morning Icon_minitimeThu Dec 27, 2012 10:19 am

Gold: Trading Higher This Morning

Gold prices traded higher by 0.25% against the USD in the 24 hour period ending 23:00GMT, at 1655.87 per ounce.

In the Asian session, at GMT0400, Gold is trading at 1658.05, 0.13% higher from yesterday's close.

Gold is expected to find support at 1650.36, and a fall through could take it to the next support level of 1642.66. Gold is expected to find its first resistance at 1666.95, and a rise through could take it to the next resistance level of 1675.85.

Gold: Trading Higher This Morning Instaforex_mb_760x151_en
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