Gold price provided negative trading this morning to approach from testing 1300.00 level, as long as the price is stable above the mentioned level and above 1290.00 level, so our bullish trend expectations will remain valid on the intraday basis, waiting for breaching 1314.60 level to open the way towards visiting 1344.00 initially.
It is important to be aware that breaking the above mentioned support levels will push gold price to decline towards 1266.00 mainly before any new positive attempt.
Expected trading range for today is between: 1300.00 support and 1344.45 resistance.
Expected trend for today: Bullish