Midday update for Gold 22/07/2013

Gold price touched 1320.00, and finds a good intraday resistance there, which allows the price to fluctuate in sideways range now.

And in general, our positive expectations remain valid and active until now, waiting for surpassing 1320.00 then 1340.00 to ease achieving more bullish targets which was mentioned in our morning reports.

Expected trading range for today is between: 1270.00 support and 1366.00 resistance.

Expected trend for today: Bullish