Gold price provided slight positive trades yesterday affected by stochastic positivity on the four hours’ time frame, while the EMA50 continues to provide the positive support to the price, to keep the bullish trend valid and active for the upcoming sessions, which its next main target located at 1400.00.
Note that breaching 1337.00 level will ease the mission of achieving the above mentioned target, while the expected bullish trend will remain valid unless breaking 1303.58 level and holding below it.
Expected trading range for today is between 1300.00 support and 1360.00 resistance.
Expected trend for today: Bullish