Gold price fluctuates within tight range since morning and settles around 1245.00, thus, no change to our bullish overview that depends on the price stability above 1238.30, supported by the positive signal provided now by stochastic, reminding you that we are waiting to visit 1262.51 level that represents our next main target.
Expected trading range for today is between 1235.00 support and 1262.50 resistance.
Expected trend for today: Bullish