Gold price returns to test 1599.10 level, waiting for confirmed breach to this level to reinforce the expectations of continuing the rise on the intraday and short term basis followed by opening the way to achieve more gains that reach 1633.60 followed by 1689.30.
In general, we will keep our bullish overview for today unless breaking 1571.20 level and holding with a daily close below it.
The expected trading range for today is between 1570.00 support and 1610.00 resistance.
The expected trend for today: Bullish