Gold price attempted to break the intraday bullish trend line but it returns to end today's trading at that line, accompanied by stochastic move at the oversold areas, while the EMA50 keeps supporting the price from below.
Therefore, we will continue to suggest the bullish trend on the intraday and short term basis unless breaking 1231.13 level and holding below it, reminding you that our next main target is located at 1263.17.