The gold trading settled yesterday below the critical barrier 1731.00, affected by stochastic negativity, approaching from retesting EMA50 which forms a support barrier currently at 1718.00
Until now, our bullish trend expectation remains valid and active unless the last mentioned level was breached, and that will lead to an intraday reverse to the downside.
Expected trading range for today is between1710.00 support and 1750.00 resistance.
Expected trend for today: bullish