Update: Gold price surpasses the new target

Gold price opens today’s trading with strong bullish rally to surpass our waited target at 2250.00$ and settles above it, reinforcing the chances of continuing the bullish trend on the intraday and short-term basis, opening the way to achieve additional gains that reach 2300.00$ barrier as a next main station, taking into consideration that breaking 2257.00$ will put the price under negative pressure to head towards testing the support base formed above 2222.86$ before any new attempt to rise.