The above chart shows how the gold bearish wave restricted within a falling wedge pattern, this pattern might be the reason to return to the bullish trend again, and protects the critical support level 1692.00
Therefore, we remain with the preferred sideways trading range on the intraday basis, note that breaching 1705.00 will offers positive and strong push to the price to achieve new gains.
Expected trading range for today is between: 1680.00 support and 1714.00 resistance.
Expected trend for today: sideways