Gold price continues to move within sideways and tight track, and as long as the price is above 1599.10, our bullish overview will remain valid for today, supported by stochastic reach to the oversold areas, besides the EMA50 that continues to carry the price from below, reminding you that our targets begin by breaching 1633.60 to confirm rallying towards our next station at 1689.30.
The expected trading range for today is between 1600.00 support and 1650.00 resistance.
The expected trend for today: Bullish