Gold pared some of its gains ahead of the US
Nonfarm payroll.
The Us economy is expected to add 213000 jobs
in Mar from 275000 jobs the previous month.
While the unemployment rate fell to 3.8% from
3.9% in Feb.
Read Till End
US economic data-
US Initial jobless claims- Positive (Bullish for
Gold)
Technical:
The near-term support is around $2265, a
break below targets of $2250/$2228. The yellow
metal faces minor resistance around $2305
and a breach above will take it to the next level
of $2325/$2340.
signal
Buy $2250 with SL around $2228 for TP of
$2300/$2325.
Sell $2325 with SL around $2340 for TP of
$2300/$2250