Gold price provided clear positive trades yesterday to touch 2180.00 level, reinforcing the expectations of continuing the main bullish trend, waiting to test 2200.00 as a first target, noting that breaching it will extend the bullish wave to reach 2265.00 areas.
We remind you that it is important to breach 2180.00 – 2185.00 levels to reinforce the positive overview, as failing to breach will push the price to turn to decline and head to test the key support 2145.35 before any new attempt to rise.
The expected trading range for today is between 2160.00 support and 2195.00 resistance.
Trend forecast: Bullish