Gold price resumed its positive trading strongly to start the breaching process of 1295.37 level, which supports the continuation of our bullish overview efficiently in the upcoming period, waiting to head towards our extended targets that reach to 1312.00 followed by 1347.00.
The EMA50 keeps supporting the expected bullish wave, to keep the positive scenario valid and active in the upcoming sessions conditioned by holding above 1275.00.
Expected trading range for today is between 1275.00 support and 1300.00 resistance.
Expected trend for today: Bullish