Gold price shows positive trades and attempts to confirm surpassing 1977.25 level, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, paving the way to head towards our main waited target at 2016.90.
Therefore, the bullish trend scenario will remain valid and active for today, supported by the positive signal provided by stochastic, reminding you that it is important to consolidate above 1977.25 to continue the expected rise.
The expected trading range for today is between 1960.00 support and 1995.00 resistance.
The expected trend for today: Bullish