On April 11 gold climbed more than $20 in intraday trading to close at $1273. This 2% move was the third attempt in recent weeks to pierce through the hard resistance of its 200 day moving average and is a strong signal that the price could quickly move to or beyond $1300.
![Live New York Gold Chart [Kitco Inc.]](http://www.kitco.com/images/live/nygold.gif)
With Trump threatening North Korea, Putin on the
tape over Syria, China threatening 'red lines', and French poll data sparking
panic across the pond, it seems safe-haven buying is suddenly de rigeur as Gold
tops $1275 for the first time since the election, breaking above its 200-day
moving average. - Zerohedge
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