Gold price reached few pips away from our first waited target at 1810.00, showing tight trades, settling below the EMA50 that forms negative pressure against the price, waiting to resume the bearish bias that its next target located at 1780.25.
Therefore, the bearish trend scenario will remain valid and active unless the price rallied to breach 1850.00 and hold above it.
The expected trading range for today is between 1795.00 support and 1835.00 resistance.
The expected trend for today: Bearish