Gold Higher In Choppy Trading

April Gold futures are trading higher by $2.40 at $1210.60 per ounce in Wednesday's session. After a lower open, it dipped below $1200 for the second day in a row, but found support ahead of Tuesday's low ($1191.30), only reaching 1196.20 before turning higher. The ensuing rally has taken the contract back into the $1200 handle, so far reaching $1212.70. Above that level, there is large gap in price action un until Tuesday's high of $1236/30.