Gold trading settled around 1560.00 in tight range, while the price finds negative pressure coming from EMA50 and the signal appears on stochastic, these signals might force the price to visit 1550.00 initially.
But until now, our neutral attitude remains valid, awaiting a breach to one of the critical levels between 1550.00 and 1573.00 to get clearer signals for the trend.
Expected trading range for today is between: 1550.00 support and 1580.00 resistance.
Expected trend for today: Neutral