Gold price shows more sideways trading around 1314.60 level, while stochastic attempts to get rid of its negativity and gaining positive momentum on the four hours time frame, which supports the chances of the overall bullish trend continuation, which its main targets begin at 1344.45.
We remind you that the continuation of the bullish trend depends on the stability above 1300.00 – 1290.00 levels.
Expected trading range for today is between: 1300.00 support and 1344.45 resistance.
Expected trend for today: Bullish