Gold price begins today’s trading with calm bullish bias after retesting the previously breached resistance of the bullish flag pattern that appears on the chart, which support the continuation of our bullish overview in the upcoming sessions, and we believe that the way is open to visit 1357.50 that represents our next main target.
Therefore, we are waiting for more rise today, noting that breaching the mentioned level will extend Gold price gains to reach 1375.00 followed by 1404.00, while holding above 1321.40 represents key condition to achieve the waited targets.
Expected trading range for today is between 1325.00 support and 1350.00 resistance.
Expected trend for today: Bullish