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Gold falls to fresh 3-month lows at 1,247.40

FXStreet (San Francisco) - The gold is falling for second day on Tuesday and now it is trading at lows since June 6 as XAU/USD declined from 1,257.45 to price at 1,247.40 in the American session.

Currently, gold is trading at 1,250.05, 0.49% down in the day, having posted a high of 1,257.73 and a low of 1,247.63.

XAU/USD levels

If the yellow metal consolidates levels below 1,250, the yellow metal will find next supports at 1,247, 1,241 and 1,232. On the upside, resistances are at 1,253, 1,257 and 1,265.

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