Gold price continues to provide negative trading to begin testing 1160.00 level now, reinforcing the expectations of continuing the downside track in the upcoming period, supported by the EMA50, reminding you that the main waited target located at 1142.60.
The continuation of the bearish trend depends mainly on the stability below 1181.00 level.
Expected trading range for today is between 1150.00 support and 1185.00 resistance.
Expected trend for today: Bearish