Gold price keeps trading around the same levels since yesterday, around 1615.00, to keep our intraday positive overview valid targeting 1629.00 initially.
Note that there’s positive technical formation on the intraday basis, with a confirmation level at 1618.00, therefore, a breach above this level will provide good motive that might support the price to surpass the mentioned target and extend the targets to hit 1652.00
Expected trading range for today is between: 1590.00 support and 1645.00 resistance.
Expected trend for today: Bullish