Gold price shows slight bearish bias in attempt to move away from 1290.00 level, waiting today’s closing too below the mentioned level, which keeps the domination of the bearish bias on gold trading on the intraday basis, waiting to target 1266.00 level that represents the main target for the current bearish wave.
Expected trading range for today is between: 1266.00 support and 1300.00 resistance.
Expected trend for today: Bearish