Gold price shows negative trading now after approaching 1285.90 level this morning, supported by stochastic move near the overbought areas, to keep the bearish trend scenario active for the rest of the day, waiting to target 1267.00 level as a next main station, reminding you that holding below 1285.90 represents key condition to continue the expected decline.
Expected trading range for today is between 1267.00 support and 1295.00 resistance.
Expected trend for today: Bearish