Gold price resumes its positive trades to move away from the bullish channel’s support line, reinforced by stochastic positivity, to keep the bullish trend scenario active for the upcoming period, which gets continuous support by the EMA50, waiting to visit 1775.00 level as a next main target, reminding you that is important to hold above 1700.00 to continue the expected rise.
The expected trading range for today is between 1700.00 support and 1740.00 resistance.
The expected trend for today: Bullish