Gold price shows more negative trading to push on the key support 1281.17, which urges caution from the upcoming trading, as settling below this level will extend Gold price losses to reach 1263.15 in the upcoming period.
In general, we will keep today's suggested positive scenario conditioned by holding above 1281.17, reminding you that our initial targets begin by breaching 1299.20 followed by 1305.00 levels to open the way to head towards 1321.49 followed by 1357.53 areas on the near term basis.
Expected trading range for today is between 1280.00 support and 1305.00 resistance.
Expected trend for today: Bullish