The tight and sideways range continues to dominate Gold price trades, confined between 1720.00 support and 1740.00 resistance, thus, the sideways track will remain suggested on the intraday basis until the price manages to surpass one of the mentioned levels.
We remind you that breaking the mentioned support will press on the price to visit 1700.00 followed by 1692.00 levels initially, while breaching the resistance represents the key to start recovery attempts that target 1765.00 level asa first main station.
The expected trading range for today is between 1710.00 support and 1750.00 resistance.
The expected trend for today: Sideways