Gold broke through short term trend line support in the last couple of days of March and dropped from 1310 down to the 1290 support region. It has remained trading in a relatively tight range since and has fluctuated in line with its safe haven status, investor sentiment and moves in global equities. Investors will now be watching the global landscape closely for the next move and the situation with regard to trade between China and the US will have a heavy weighting on this in the near term. Short term support remains around 1280/85 with resistance coming in now at 1300. On the Daily chart resistance comes in around 1320 with longer term support level now at 1255.