Gold price continued its negative pressure after confirming breaking the symmetrical triangle’s support, which pushes the price for more intraday decline, and the targets now at 1350.00 followed by 1340.00
EMA50 supports the expected decline, which remains valid unless 1383.00 was breached, which will be able to stop the bearish wave temporarily.
Expected trading range for today is between: 1340.00 support and 1387.00 resistance.
Expected trend for today: Bearish