Gold price shows sideways and tight trades since morning, settling around 1220.00, thus, no change to the bullish trend scenario that depends on the price stability above 1208.40, supported by moving above the EMA50, reminding you that our main waited target is located at 1238.30.
Expected trading range for today is between 1210.00 support and 1240.00 resistance.
Expected trend for today: Bullish