Gold price ended yesterday above 1678.45 level, to keep the bullish trend scenario valid and active for the upcoming period, and it needs to get positive motive that assists to push the price to head towards our positive targets that start at 1747.43 and extend to 1775.00.
On the other hand, we should note that breaking 1678.45 and holding with a daily close below it will stop the expected rise to achieve bearish correction that targets testing 1635.80 level initially before any new attempt to rise.
The expected trading range for today is between 1660.00 support and 1720.00 resistance.
The expected trend for today: Bullish