Gold price continues its negative trading at 1200.00 level, waiting for more downside moves, which target 1187.00 areas as a next main station.
In general, the bearish trend will remain valid and active for today if gold price settled below 1240.50 level.
Expected trading range for today is between: 1187.00 support and 1229.00 resistance.
Expected trend for today: Bearish