Gold has hit new all-time highs this week. Should the upward momentum carry through into April, we're looking at a potential target around the 5043 level—the first major yearly resistance zone. From a technical standpoint, the price action over the past year tells an interesting story. Once we see a pullback (and history suggests we will), the 10-week moving average is likely to step in as support. That's where we should keep our eyes peeled for a possible bounce.