Gold price succeeded to achieve our waited target at 1838.00 and settles there, starting today with new rise to hint heading to surpass this level and achieve more expected gains in the upcoming sessions, noting that the next target reaches 1865.00.
Therefore, we will continue to suggest the bullish trend on the intraday and short term basis, taking into consideration that failing to surpass 1838.00 followed by 1847.00 levels will stop the expected rise and press on the price to rebound bearishly to visit 1800.00 followed by 1785.00 areas mainly.
The expected trading range for today is between 1820.00 support and 1855.00 resistance.
The expected trend for today: Bullish