Gold price begins the attempts to breach 1575.90 now, reinforcing the expectations of continuing the bullish trend for the rest of the day, which its next main target located at 1611.20, supported by moving above the EMA50, taking into consideration that failing to achieve the required breach might push the price to test 1554.10 level again before any new attempt to rise.
The expected trading range for today is between 1560.00 support and 1595.00 resistance.
The expected trend for today: Bullish