Gold price shows more bullish bias to test 1250.00 barrier, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, and the way is open to test 1262.50 level that represents our next main target, reminding you that the continuation of the expected rise depends on the price stability above 1238.30.
Expected trading range for today is between 1238.00 support and 1262.50 resistance.
Expected trend for today: Bullish