Gold price continues to fluctuate inside the bullish pennant, waiting to breach 1247.00 to reinforce the expectations of continuing the bullish trend in the upcoming sessions, supported by the EMA50, which targets 1262.51 level, reminding you that it is important to hold above 1238.30 to continue the expected rise.
Expected trading range for today is between 1235.00 support and 1262.50 resistance.
Expected trend for today: Bullish