Gold analysis for 25.10

Gold price opens today's trading with a bullish bias and tries to surpass the 1797.00 level, reinforcing the expectations of the continuation of the bullish trend on the intraday term, and we await heading towards 1825.15, which represents our next main target.

The EMA50 continues carrying the price from below, while the stochastic indicator is gaining positive momentum significantly, and therefore, we believe that opportunities are available to achieve more gains in the upcoming sessions, noting that breaking 1790.00 may pressure the price to visit 1770.00 areas before any new attempt. for height.

The expected trading range for today: between the support 1785.00 and the resistance 1820.00

The forecast trend for today: bullish