Stabilized trading gold prices during the Asian session today at around the level of $ 1,200 an ounce, and in the absence of liquidity of the financial markets after the closure of many markets around the world because of the holidays, and closed financial markets in both Australia and New Zealand, Hong Kong, Europe and the United States on Friday because of holidays, which prompted the liquidity and trading volume in the financial markets to the lowest level which is what causes the stability of gold around the level of $ 1,200 an ounce, without significant changes.
Technically rebounded gold to $ 1178 levels in the first sessions of the month of April and the first second quarter sessions after negative data yesterday from the US economy and expect it to continue to climb the pair to $ 1218 levels per ounce at the very least it is still possible to climb up to $ 1,300 levels also in the case data came US today Ptaj weak hiring and increasing unemployment rates.