Gold price succeeded to achieve our extended target at 1770.00 and finds solid support there, and we need to monitor the price behavior according to this level, as breaking it will press on the price to suffer more losses that reach 1734.00, while breaching 1800.00 represents positive factor that will lead the price to recover on the intraday basis.

The EURUSD pair reached few pips away from our extended target at 1.1888, showing bullish bias that hints a potential bullish rebound, and it might head to test 1.1976 initially, which urges caution from the upcoming trading, and we need to monitor the price according to the mentioned levels to confirm the next destination clearly.

Gold price broke 1800.00 level strongly and rallied bearishly to approach our next negative target at 1770.00, and it is important to monitor the upcoming trading, as breaking the last level will extend gold price losses to reach 1734.00 as a next station, while consolidating against the current negative pressure will lead the price to start recovery attempts that target testing 1800.00 followed by 1825.15 areas initially.

Wheat price attacks 659.40 level and trades below it now, to reinforce the expectations of continuing the bearish trend in the upcoming sessions, paving the way to visit 633.60 that represents our next negative target, noting that holding below 680.20 is important to achieve the waited targets.

The expected trading range for today is between 650.00 support and 675.00 resistance.

The expected trend for today: Bearish