Daily analysis of Gold for April 04, 2018

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Overview

The Gold price rallies upwards strongly now to breach 1335.40 level and attempts to hold above it which makes us stay aside until we confirm the price behavior according to the mentioned level, as holding above it will push the price to its bullish track that its next target located at 1365.97, while trading below it again will push the price to target 1316.48 level. The expected trading range for today is between 1320.00 support and 1355.00 resistance.

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