Gold price resumes its positive trading to gradually approach our waited target at 1316.65, which supports the continuation of our bullish overview for the rest of the day, noting that breaching the mentioned level will extend the bullish wave to reach 1335.00 as a next station, while holding above 1286.70 represents key condition to continue the expected rise.
Expected trading range for today is between 1290.00 support and 1316.65 resistance.
Expected trend for today: Bullish