• The yellow metal surged higher on Monday  as the bright metal was lifted higher by weak dollar and negative US factory data.
   
• Data released from the US market showed index of national factory activity slipped to 50.8 last month from reading of 51.8 in March.  
   
• Any downside is expected to be limited as the support level located at 1273 is likely to hold the bears from falling further below and bring a rebound back towards higher levels.
   
• To the upside, the strong resistance can be seen 1304, a break above this level would expose the commodity towards 1320 levels.
   
• To the downside immediate support can be seen at 1282, a break below at this level will open the door towards 1272 levels.
  
  Support levels: S1-1282, S2-1272, S3-1265
  
  Resistance levels: R1-1292, R2-1304, R3-1320