Intraday Support: 1225, 1212, 1202, 1190 Intraday Resistance: 1237, 1243, 1250
The price formed a bullish hammer candlestick pattern yesterday, and that was followed by a rally today. The hammer was formed near the 50-days simple moving suggesting an attempt to resume the bullish trend is likely.
Gold Forecast for today: Bullish towards 1250 and 1258. As long as above 1220.