The gold price is testing a resistance to the sub-channel that appears in the image, which forms a bullish continuation flag pattern, and we are expecting that it will contribute to pushing the price to achieve further rise during the upcoming sessions, where the price needs to penetrate 1811.00 to activate the effect Positive for this model and opened the way for achieving our positive targets that start at 1822.00 and extend to 1837.00.
Consequently, we continue to favor the bullish trend for the upcoming period, provided that the price maintains its stability above 1790.00.
The expected trading range for today is between 1795.00 support and 1822.00 resistance
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Expected trend for today: Upward