Gold price trades with slight bearish bias since morning in attempt to move away from 1290.00 level, to keep the intraday bearish trend scenario efficiently for today, supported by the EMA50, reminding you that our main waited target at 1266.00, which achieving it requires holding below 1290.00.
Expected trading range for today is between: 1266.00 support and 1300.00 resistance.
Expected trend for today: Bearish