Gold price tests now the support base now at 1.294.50, while stochastic attempts to gain positive momentum approaching from the oversold levels.
In general, the bullish trend scenario remains valid and active for today, supported by the EMA50 and holding above 1285.00 level, reminding you that the waited targets begin at 1322.00 then 1345.00
Expected trading range for today is between: 1275.00 support and 1322.00 resistance.
Expected trend for today: Bullish