The tight range continues to dominate Gold price trades, whick keeps its stability above the EMA50, thus, no change to the bullish trend scenario that targets testing 1238.30 level as a next main station, while holding above 1208.40 represents the most important condition to continue the expected rise.
Expected trading range for today is between 1220.00 support and 1240.00 resistance.
Expected trend for today: Bullish