Gold price kept its consolidation above 1797.00 level after attempting to break it yesterday, to keep the bullish trend scenario valid and active for the upcoming period, waiting to head towards 1825.15 as a main positive target.
The EMA50 continues to support the expected bullish wave, reminding you that breaking 1797.00 will put the price under negative pressure that targets testing 1770.00 before any new attempt to rise.
The expected trading range for today is between 1785.00 support and 1825.00 resistance.
The expected trend for today: Bullish