The tight range dominates Gold price trades, which moves inside the bearish pennant pattern, waiting to break 1285.00 to activate the negative effect of this pattern followed by rallying towards our waited negative target at 1275.30.
In general, we will continue to suggest the bearish trend in the upcoming sessions unless breaching 1302.60 level.
The expected trading range for today is between 1270.00 support and 1300.00 resistance.
The expected trend for today: Bearish