Gold price kept the stability above the previously breached channel’s resistance, making new attempts to breach 1340.00, where this level represents an important key for the continuation of the bullish trend towards 1400.00
Stochastic negativity causes the slowness of the positive trading, while the bullish trend expectations remain valid and active unless breaking 1308.00 and holding below it.
Expected trading range for today is between: 1308.00 support and 1370.00 resistance.
Expected trend for today: Bullish