Gold price opens the way with a new bullish bias to begin testing 1575.90 level, waiting for breaching this level to confirm opening the way towards our next positive target that extend to 1611.20.
the EMA50 supports the price from below, to keep prfering the bullish trend in the upcoming period, reminding you that the continuation of the bullish wave is conditioned by holding above 1554.10 level.
The expected trading range for today is between 1560.00 support and 1595.00 resistance.
The expected trend for today: Bullish