Gold analysis for 20.10

Gold price consolidated above the 1770.00 level, and begins to provide positive trades at the opening of the day, accompanied by the stochastic indicator reaching the oversold areas, to provide a positive stimulus that we wait for the price to visit the 1797.00 level initially.

Therefore, the positive scenario will remain effective for the upcoming period, noting that breaking 1770.00 will stop the expected rise and pressure the price to turn to the downside.

The expected trading range for today is between the support 1760.00 and the resistance 1795.00

The forecast trend for today: bullish