Gold price touched 1320.00 level and settles near it, waiting for more rise supported by the EMA50, which targets 1346.73 level as a next main station, noting that stochastic negativity might cause some temporary negative fluctuation before resuming the expected rise, which will remain valid unless breaking 1302.60 level and holding below it.
The expected trading range for today is between 1305.00 support and 1340.00 resistance.
The expected trend for today: Bullish