Gold price tests the bullish channel’s support line, and the EMA50 meets this support line to add more strength to it, while stochastic moves at the oversold areas.
Therefore, we will keep our bullish overview conditioned by the price stability above 1765.00, reminding you that our waited targets begin at 1800.00 and extend to 1838.00.
The expected trading range for today is between 1760.00 support and 1800.00 resistance.
The expected trend for today: Bullish