Gold price tests the minor bullish channel’s resistance that appears on the chart, which forms bullish flag pattern that we are waiting to assist to push the price to achieve more rise in the upcoming sessions, as the price needs to breach 1811.00 to activate the positive effect of this pattern and open the way to achieve our positive targets that start at 1850.00 and extend to 1865.00.
Therefore, we will continue to suggest the bullish trend for the upcoming period conditioned by the price stability above 1780.00.
The expected trading range for today is between 1795.00 support and 1840.00 resistance.
The expected trend for today: Bullish