Gold price keeps rising to test the sideways range’s resistance that appears on the chart, which makes us prefer to stay aside until we get clearer signal for the next trend, which we will get through breaching 1960.00 resistance or breaking 1925.35 support, noting that the contradiction between the technical indicators provides another reason for neutrality.
Note that the continuation of the rise and breaching the mentioned resistance will push the price to achieve additional gains that reach 2000.00, while breaking the support twill reactivate the negative scenario that its next target located at 1890.00.
The expected trading range for today is between 1925.00 support and 1965.00 resistance.
The expected trend for today: Neutral