Gold price ended yesterday above 1800.00 level, confirming the continuation of the expected bullish wave in the upcoming period, organized inside the bullish channel that appears on the chart, reminding you that our next target reaches 1838.00.
The EMA50 continues to support the expected rise, noting that breaking 1800.00 will press on the price to test 1780.00 areas before any new attempt to rise.
The expected trading range for today is between 1800.00 support and 1840.00 resistance.
The expected trend for today: Bullish