Gold price resumes its positive trading strongly to approach our main waited target at 1262.50, which supports the continuation of our bullish overview for the rest of the day, motivated by stochastic positivity, reminding yout hat breaching this level will push the price towards 1286.70 level as a next main station.
Holding above 1238.30 is important to continue the bullish wave and guarantee not turning to decline.
Expected trading range for today is between 1235.00 support and 1265.00 resistance.
Expected trend for today: Bullish