Gold price touched the first positive target at 2785.00$ and finds solid resistance there, reminding you that breaching this level will extend the bullish wave to reach 2800.00$ as a next main target, while the price needs to get positive motive that assist to continue rising towards the new target.

The EMA50 supports the suggested bullish wave, which will remain valid conditioned by the price stability above 2758.40$.

The expected trading range for today is between 2765.00$ support and 2800.00$ resistance.

Trend forecast: Bullish