Gold price breached 1182.00 level and settled above it, to open the way to start bullish correction on the intraday basis, targeting testing 1195.70 areas mainly.
Therefore, the bullish bias will be suggested in the upcoming sessions unless breaking 1182.00 followed by 1173.75 levels and holding below them, noting that the expected rise is temporary, waiting to rebound bearishly after touching the above mentioned level to resume the main bearish trend again.
Expected trading range for today is between 1170.00 support and 1195.70 resistance.
Expected trend for today: Bullish temporarily