Gold price managed to breach 1726.60 and hold above it, to reactivate the correctional bullish scenario again, paving the way to achieve new gains that start by testing 1755.70.

Therefore, the bullish bias will be suggested for today, supported by the EMA50, taking into consideration that breaking 1726.60 followed by 1715.65 levels will stop the suggested positive scenario and press on the price to resume the main bearish trend again.

The expected trading range for today is between 1725.00 support and 1760.00 resistance.

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The expected trend for today: Bullish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.0535	0.0094	0.8994%
Update: The EURUSD breaks the support
	GBP/USD	1.2293	0.0245	2.0329%

	Silver	23.157	1.801	8.433%

	Oil	81.475	7.046	9.467%
Midday update for Crude oil 02-12-2022
	Brent Oil	85.86	-1.02	1.17%

	Gold	1795.560	45.085	2.576%
Update: Gold price under the negative pressure

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