Gold price continues to fluctuate around 1838.10 level, and stochastic begins to get rid of the negative momentum, waiting to get positive motive that assists to push the price to surpass 1850.00 and confirm opening the way to head towards 1870.00 as a next positive target.
In general, we will continue to suggest the bullish trend for the upcoming period supported by the EMA50, unless breaking 1818.00 and holding below it.
The expected trading range for today is between 1820.00 support and 1870.00 resistance.
The expected trend for today: Bullish