Gold price declined in its last intraday trading, to surpass the support of its EMA50, its positive chances with the emergence of the negative signals on the (RSI), to lean on a minor bullish bias line on the short-term basis, accompanied by its stability at the key support level at$3,290.
Therefore, the stability of the support at $3,290 makes our expectations prefer moving upside in the gold price’s upcoming intraday trading, to target the resistance $3,400, while breaking this support will change our overview to the negativity to target the support level at$3,200.
The expected trading range for today is between $3,255 support and $3,365 resistance
Today’s forecast: Neutral
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