Gold yesterday rallied in the upside direction after it launched the upside wave from the solid base around the strong support level at 910.00. The downside correction allowed gold to gather enough momentum, therefore; we expect gold today to move in the upside direction.

The trading range for today will be between the key resistance at 980.00 and the key support at 917.00.

The general trend is up as far as 810.00 remains intact targets now at 1080.00 and 1170.00.

Join the Discussion