Gold price opens today’s trading with more rise to succeed reaching our waited positive target at 1838.10, noticing that the price is affected by positive pattern that has positive targets that surpass the mentioned level to reach 1870.00 areas.
Therefore, we expect witnessing more rise in the upcoming sessions, noting that failing to breach 1838.10 and bouncing bearishly to break 1818.00 will stop the expected rise and press on the price to resume the main bearish track again.
The expected trading range for today is between 1818.00 support and 1855.00 resistance.
The expected trend for today: Bullish