The (Gold) price witnessed fluctuated trading in its last intraday levels, amid its attempts to breach the main resistance level at $3,400, supported by the dominance of minor bullish wave on the short-term basis, taking advantage of the dynamic support that is represented by its trading above EMA50, besides the emergence of the positive signals on the (RSI).

Therefore, our expectations suggest a rise in the (Gold) price in its upcoming intraday trading, especially when breaching the mentioned resistance at $3,4000, targeting its next resistance at $3,430.

The expected trading range for today is between $3,360 support and $3,420 resistance.

Todays forecast: Bullish