Gold price recovers well after leaning on 1800.00 barrier, getting good support by the EMA50, waiting for more rise in the upcoming sessions to test 1825.15 mainly, which breaching it represents the key to rally towards 1860.00.
In general, we will continue to suggest the bullish trend on the intraday basis unless breaking 1797.00 and holding below it.
The expected trading range for today is between 1800.00 support and 1830.00 resistance.
The expected trend for today: Bullish