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 Gold: Yellow Metal Extends its Gains this Morning

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fxpulsation




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Gold: Yellow Metal Extends its Gains this Morning Empty
PostSubject: Gold: Yellow Metal Extends its Gains this Morning   Gold: Yellow Metal Extends its Gains this Morning Icon_minitimeFri Dec 27, 2013 10:57 am

Gold: Yellow Metal Extends its Gains this Morning Instaforex_mb_760x151_en

Gold: Yellow Metal Extends its Gains this Morning

Gold prices traded higher by 0.59% against the USD in the 24 hour period ending 23:00GMT, at 1210.93 per ounce, on rising physical demand from Asia.

In the Asian session, at GMT0400, Gold is trading at 1211.83, 0.07% higher from yesterday's close.

Gold is expected to find support at 1204.82, and a fall through could take it to the next support level of 1197.82. Gold is expected to find its first resistance at 1217.39, and a rise through could take it to the next resistance level of 1222.96.
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