Gold price resumes its positive trading in attempt to continue the main bullish trend, keeping the bullish trend valid and active for the rest of the day, supported by the EMA50 that keeps carrying the price from below, reminding you that our next main target at 1555.00, while holding above 1508.00 represents an initial condition for the continuation of the positive scenario for today.
The expected trading range for today is between 1515.00 support and 1550.00 resistance.
The expected trend for today: Bullish