Gold price begins to provide positive trading to move away gradually from the EMA50, motivated by stochastic positivity, which supports the continuation of our bullish overview for the upcoming sessions, which depends on the price stability above 1208.40, while our next main target is located at 1238.30.
Expected trading range for today is between 1215.00 support and 1240.00 resistance.
Expected trend for today: Bullish