Gold price opens today’s trading with more strong rise to surpass 1400.00$ barrier and attempts to hold above it, which supports the continuation of our bullish overview efficiently in the upcoming sessions, as our next main target is located at 1433.60.
Therefore, we are waiting for more rise today support by the EMA50, noting that breaking 1380.00 will stop the current rise and press on the price to start bearish correction on the intraday basis.
The expected trading range for today is between 1390.00 support and 1425.00 resistance.
The expected trend for today: Bullish