Gold price trades with bearish bias according to our morning expectations, where it is affected by the yesterday’s break below 1652.00, to be waiting for the main targets for today around 1629.00
Note that Stochastic shows clear oversold signs, which decelerates the price move to the downside.
Expected trading range for today is between: 1629.00 support and 1652.00 resistance.
Expected trend for today: Bearish