Gold price is stuck between the bullish channel support -1592.00- and the EMA50 which forms resistance now at 1601.00, while Stochastic provides clear positive signals now.
Therefore, our bullish trend expectations remain valid, and the main targets are located at 1625.00, while achieving it requires holding above 1592.00
Expected trading range for today is between: 1585.00 support and 1625.00 resistance.
Expected trend for today: Bullish