Gold price settles near 1770.00 level, keeping its stability below it until now, accompanied by witnessing clear overbought signals through stochastic, while the EMA50 meets the mentioned resistance to add more strength to it.
Therefore, the chances valid to resume the expected bearish trend for the upcoming period, which targets testing 1735.00 as a next station.
The expected trading range for today is between 1735.00 support and 1780.00 resistance.
The expected trend for today: Bearish