Gold price shows trading since morning, and it is affected by stochastic negativity that blocks the continuation of the rise.
In general, we will continue to suggest the bullish trend for today depending on the price stability above 1238.30, getting good positive support by the EMA50, reminding you that our main waited target is located at 1262.51.
Expected trading range for today is between 1238.00 support and 1262.50 resistance.
Expected trend for today: Bullish