Gold price opened today’s trading with strong rise to breach 1411.00 and 1420.00 levels and close the last four hours’ candlestick above them, which pushes the price to return to rise and stop the recently suggested correctional bearish pressure, on its way to visit the recently recorded top at 1438.90 as a next main station.
Therefore, the bullish trend will be suggested in the upcoming sessions unless breaking 1400.00 level and holding below it.
The expected trading range for today is between 1400.00 support and 1440.00 resistance.
The expected trend for today: Bullish