The EMA50 managed to form good support base that stopped Gold price recent decline, which shows bullish rebound signals that we are waiting to push the price to continue the main bullish trend, which is organized inside the bullish channels.
Therefore, the bullish trend will remain suggested in the upcoming sessions unless breaking 1263.17 level and holding below it, reminding you that our waited targets begin at 1300.00 followed by 1340.00.