Gold price provided clear negative trades yesterday to attack 1731.00 level, but it rose again to attempt to step above the EMA50, which keeps the chances valid to continue the recently suggested positive scenario, which its next target located at 1765.00.
Therefore, we will keep our bullish overview supported by stochastic positivity unless breaking 1731.00 level and holding below it.
The expected trading range for today is between 1720.00 support and 1760.00 resistance.
The expected trend for today: Bullish