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    XAU/USD: sell from key resistances on 02.04.2015

    Gold has been appreciating against the Dollar since the middle of March, having crossed a few important resistance levels. The dollar clawed back losses partially by the end of the previous month and XAU/USD dropped to the nearest powerful support level at 1179.10. But weak statistics for the US stock market released on Wednesday, 1st April, weakened the Dollar and allowed the precious metal to head for a recent local high and key resistance level at 1218.85. Yesterday, gold grew by 2.4% having reached a level of 1205.00. 

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