Gold price provides calm trades to test the EMA50, and as long as the price is above 1316.48, our bullish overview will remain active for today, as breaking it will push the price to decline towards 1301.20 mainly, while the expected bullish wave targets begin by breaching 1335.40 level to confirm opening the way to head towards 1365.97 on the near term basis.
Expected trading range for today is between 1315.00 support and 1345.00 resistance.
Expected trend for today: Bullish