25 Mar Monday Intraday

Cyprus reached a deal before deadline from ECB. The sentiment is reflected in the market, and as of now Gold is selling. As mentioned in the morning in Weekly Analysis, is Gold really running out of catalysts to push its price higher ? That is yet to be seen by looking at how strong the previously a supporting zone 38725 level act as a resistance. If market follows through later in the US session, lower prices around the levels 38500 and 38275 could be seen.