Gold continues with the sideways’ range

Gold found strong ceiling at the 1780.00 barrier that we still waiting for clear breach above it, as the price was forced to bounce down heading towards the main upside trend line located now at 1748.00Stochastic continues with the upside trend, while EMA50 provides good support for the bullish wave from below.Therefore, we will continue with our main bullish trend mainly targeting 1800.00 followed by 1850.00 levels, noting that 1748.00 should protect our positive scenario.