Gold price trades with clear negativity to break 1256.50 level and settles below it, reinforcing the expectations of continuing the bearish trend for the rest of the day, and the way is open to visit 1236.41 level as a next main station, reminding you that the continuation of expected decline depends on holding below 1267.00.
Expected trading range for today is between 1240.00 support and 1267.00 resistance.
Expected trend for today: Overall bearish