April Gold Retraces38% of its 3 month rally. Last week, April gold rallied to its highest price since September. That’s marked a 6-month high. That was a week ago today. The high tick was 1392.60. We missed the 1400 print by just $7.40
First support it 1312
Second support 1287
Third support 1262.
These are pretty simple Fibonacci Supports.