Gold price settles above the previously breached resistance line, getting continuous positive support by the EMA50, to keep the bullish trend scenario active for the rest of the day, depending on the stability of the daily close above 1335.40 level, reminding you that our main waited target is located at the previously recorded top at 1365.97.
Expected trading range for today is between 1330.00 support and 1355.00 resistance.
Expected trend for today: Bullish