Gold price shows slight bullish bias now, and it remains below the EMA50, while we keep our neutrality until confirming its attitude according to 1489.00 level, then detecting the next trend clearly, pointing that the contradiction between stochastic positivity and the EMA50 negativity provides another reason for the neutrality.
To recognize the details of the expected targets in the upcoming period, please review our morning report.
The expected trading range for today is between 1470.00 support and 1510.00 resistance.
The expected trend for today: Neutral