Gold price resumes its positive trading after leaning on the intraday bullish channel’s support line that appears on the chart, getting positive signals by stochastic, which support the continuation of our bullish overview for the rest of the day, and the way is open to achieve our next target at 1765.00, reminding you that the continuation of the bullish wave requires holding above 1732.50 and the most important above 1723.00.
The expected trading range for today is between 1725.00 support and 1760.00 resistance.
The expected trend for today: Bullish