Gold price didn’t show strong trades in the previous sessions, to fluctuate within sideways and tight track, noticing that stochastic provides new positive signals now, waiting to motivate the price to resume the expected bullish trend for the upcoming period, which its next target located at 2065.70.
The EMA50 continues to support the suggested bullish wave, which will remain valid unless breaking 2016.90 and holding below it.
The expected trading range for today is between 2015.00 support and 2045.00 resistance.
The expected trend for today: Bullish