Gold price shows new positive trades to start the attempts to breach 2700.00$ level, reinforcing the expectations of continuing the bullish trend for the rest of the day, reminding you that our next target is located at 2725.00$.

 

The bullish channel organizes the suggested bullish wave, which will remain valid unless breaking 2672.00$ and holding with a daily close below it.

 

The expected trading range for today is between 2680.00$ support and 2720.00$ resistance.

 

Trend forecast: Bullish