Gold price didn’t show any strog move since yesterday, to continue fluctuating around the EMA50, thus, no change to the expected bearish trend scenario for the upcoming period, supported by the negative signal provided by stochastic now, waiting to visit 1770.00 as a first station, remidning you that it is important to hold below 1797.00 to continue the expected decline.
The expected trading range for today is between 1765.00 support and 1800.00 resistance.
The expected trend for today: Bearish