Gold 2017-04-05

Gold failed so far to break above resistance 1263 which may set market in trading zone between support 1240 and resistance 1263

above 1263 more advance toward 1275-80 zone is expected before market shift again toward drop pressure

below 1240 more drop toward 1215 is expected with chance to head toward 1170-80 zone

Support Resistance
Level 1 1240 1263
Level 2 1230 1275-80
Level 3 1215 1305

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