Gold price settles around 1281.17 level, waiting to get positive motive that supports the expectations of continuing the bullish trend on the intraday and short term basis, reminding you that our main targets begin at 1299.20 and extend to 1321.50.
The EMA50 continues to support the suggested bullish wave, which its continuation conditions holding above 1271.30.
Expected trading range for today is between 1270.00 support and 1295.00 resistance.
Expected trend for today: Bullish