Gold price resumes its bullish track clearly to surpass 1240.00 barrier on its way towards our main waited target at 1249.94, thus, our bullish overview will remain valid efficiently for the rest of the day, reminding you that breaching the targeted level will extend the bullish wave to reach 1270.00 as a next main station, while the waited rise will remain valid unless breaking 1228.50 followed by 1211.31 levels and holding below them.
Expected trading range for today is between 1228.50 support and 1255.00 resistance.
Expected trend for today: Bullish