Gold price begins providing positive trades in attempt to move away from the bullish channel’s support line, getting positive support by stochastic, besides the EMA50 that continues to carry the price from below.
Therefore, we believe that the chances valid to rise for the rest of the day, waiting to visit 2087.00 that represents our next main target, reminding you that the continuation of the bullish trend conditions holding above 2024.00.
The expected trading range for today is between 2000.00 support and 2070.00 resistance.
The expected trend for today: Bullish