Gold price trades positively to gradually approach our waited target at 1873.50, getting positive support by the EMA50 that supports the chances of continuing the rise to surpass the mentioned level and achieve additional gains that might reach 1913.15.
Therefore, we will continue to suggest the bullish trend on the intraday basis, noting that breaking 1847.50 followed by 1838.35 levels will stop the expected rise and push the price to turn to decline.
The expected trading range for today is between 1850.00 support and 1880.00 resistance.
The expected trend for today: Bullish