Gold price confirmed breaching 1302.60 level after ending last week above it, reinforcing the expectations of extending Gold price gains to reac 1320.00 followed by 1346.70 levels as next main stations.
Therefore, we are waiting for more rise in the upcoming sessions supported by the EMA50, taking into consideration that holding above 1302.60 is important to achieve the expected targets.
The expected trading range for today is between 1295.00 support and 1320.00 resistance.
The expected trend for today: Bullish