Support - $1253, $1227-1223, $1190
- Prices clocked a high of $1287 levels.
- Gold’s repeated failure to take out $1227 (23.6% of Dec low – Mar high) followed by a daily close above on indicates prices could cut through $1284 and move towards $1300-1320 levels.
- On monthly chart, strong rebound from marks a convincing break. This adds credence to the action on .
- A break above $1320 would expose $1350 levels.