Daily Gold Analysis 11th April 2016 ( Update )
Good Evening Gold Lovers
Morning analysis we were expecting a correction before heading up and alternate set our buy limits to buy after the break of 1243.Price move according to alternate expectations.Gold break 1243 in early asia session and hit our first target that was 1249-51.Current market price is 1250 and we are still expecting more bullish movement .Our second target remains the same.Price may forming a rising channel pattern for next possible target.Now minor support is around 1241-43 and price may resist around 1259-61 and 1269-71 in extension. i am sharing update hourly chart to give logical view about our next move of gold.
1 Hour Update Chart
I am also sharing previous hourly chart , Please have a look below
Previous Hourly Chart
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