Gold price settles below 1411.00 level, to keep the correctional negative pressure valid on the intraday basis, waiting to break 1400.00 level to confirm rallying towards 1376.30 that represents our next main target.
Therefore, we will keep our bearish overview for today unless the price managed to breach 1411.00 followed by 1420.00 levels and hold above them.
The expected trading range for today is between 1380.00 support and 1420.00 resistance.
The expected trend for today: Bearish