Gold price provided positive trades yesterday to surpass the EMA50, to support the chances of continuing the main bullish trend, which targets visiting 1450.00 level initially.
Breaching 1430.00 is required to ease the mission of achieving the waited positive targets, reminding you that breaching the above mentioned level will extend the bullish wave to reach 1500.00 on the near term basis, while the expected rise will remain valid conditioned by the price stability above 1410.90.
The expected trading range for today is between 1415.00 support and 1445.00 resistance.
The expected trend for today: Bullish