Gold last week rallied in a strong bullish move towards the major resistance level at 975.90s with high levels of volume which was the significant element to support gold prices and take them to the upside. Nevertheless, today gold is expected to fall slightly in terms of correction movements.

The trading range for today will be between the key resistance at 980.00 and the key support at 930.00.

The general trend is up as far as 810.00 remains intact targets now at 980.00 and 1000.