Gold price shows sideways trades now, and it might test the key support base 2762.00$ before turning back to rise again, as it is affected by stochastic negativity that hinders the mission of continuing the rise.

 

Until now, the bullish trend scenario still suggested for today unless breaking the mentioned support and holding below it, reminding you that our main waited target reaches 2790.00$.

 

The expected trading range for today is between 2755.00$ support and 2795.00$ resistance.

 

Trend forecast: Bullish