Gold price begins today's trading with a calm bullish bias after retesting the previously breached resistance of the bullish flag pattern. This price action supports our bullish outlook for the short term. We believe that the way is open to visit 1,357.50 that represents our next main target. Therefore, we are waiting for more rise today. Please note that breaching the mentioned level will extend price gains to reach 1,375.00 followed by 1,404.00, while holding above 1,321.40 represents the key condition to achieve the expected targets. The expected trading range for today is between 1,325.00 support and 1,350.00 resistance.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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