Gold price attempts to break 1797.00 level, reinforcing the expectations of continuing the bearish trend, which gets continuous negative pressure by the EMA50, waiting to open the way to head towards 1770.00 that represents our next main target.
Therefore, we will keep our bearish overview for the upcoming period unless the price rallied to breach 1825.15 and hold above it.
The expected trading range for today is between 1775.00 support and 1815.00 resistance.
The expected trend for today: Bearish