Spot Gold price managed to touch our awaited target of $2700.00 and found good resistance there, waiting to gain positive momentum that pushes the price to continue moving within the bullish channel visible on the chart to gain additional gains that extend to $2718.00 as the next key station.
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EMA50 continues to support the suggested bullish wave, given that breaking $2672.00 will halt the expected growth and push the price down.
The expected trading range for today is between the support of $2680.00 and the resistance of $2718.00.
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