Gold price managed to breach 1238.30 level and attempts to hold above it now, which supports the continuation of our bullish overview efficiently in the upcoming sessions, supported by the EMA50 that keeps carrying the price from below, noting that our next target extends to reach 1262.51, while holding above 1228.00 represents the first condition to continue the expected rise.
Expected trading range for today is between 1225.00 support and 1250.00 resistance.
Expected trend for today: Bullish