Gold trading settled within sideways range around 1750.00, to keep the bullish trend scenario suggested in our yesterdays’ reports valid, supported by EMA50.
Breaching 1765.00 and settling above it is needed to reinforce the chances for heading towards 1800.00, reminding you that 1731.00 should protect our scenario.
Expected trading range for today is between: 1740.00 support and 1780.00 resistance.
Expected trend for this week: Bullish