Gold Price Analysis
Expected Scenario
- Gold price didn’t show any strong move since morning, to continue moving around 2325.90$ level.
- As long as the price is below this level and below 2338.10$, the correctional bearish trend will remain active.
- This trend targets 2260.60$ as a next station.
- Reminding you that breaching the mentioned resistance will push the price to recover and return to the main bullish track again.
Expected Trading Range
Between 2295.00$ support and 2335.00$ resistance.