Gold price managed to step above the bullish trend line that appears on the above chart, located now at 1340.00, which supports the continuation of the main bullish trend on the intraday and short term basis, reinforced by the EMA50, opening the way to head towards the next main target at 1400.00.
Stochastic current negativity might cause some temporary sideways fluctuation before resuming the suggested bullish wave, which its continuation conditions holding above 1303.58 level.
Expected trading range for today is between 1320.00 support and 1365.00 resistance.
Expected trend for today: Bullish