Gold price opens this week’s trading with slight bullish bias, and remains stable above 1270.00, which encourages us to continue suggesting the bullish trend, and the targets begin by surpassing 1300.00 to open the way towards 1340.00
Stochastic negativity might act as a temporary obstacle against achieving the waited targets.
Expected trading range for today is between: 1250.00 support and 1340.00 resistance.
Expected trend for today: Bullish