Gold price managed to breach 1340.00 and settled with a daily close above it, providing an extra positive signal that supports the continuation of the bullish trend which targets now 1400.00
The stability above the EMA50 and above 1300.00 is important to keep achieving gains on the intraday and short term basis.
Expected trading range for today is between: 1315.00 support and 1370.00 resistance.
Expected trend for today: Bullish