Gold price shows positive trading now after leaning on the EMA50, to keep the bullish trend scenario active for today, waiting to visit 1302.60 level that represents our next main target, noticing that stochastic provides positive overlapping signal that supports achieving more rise for the rest of the day, reminding you that is important to hold above 1275.30 to achieve the waited targets.
The expected trading range for today is between 1270.00 support and 1300.00 resistance.
The expected trend for today: Bullish