Gold price shows slight negative trades in attempt to resume the expected bearish trend for today, as the price gets continuous support by the EMA50, besides the negative signal provided by stochastic, waiting for more decline in the upcoming sessions, reminding you that our waited target is located at 1275.30, while achieving it conditions holding below 1302.60.
The expected trading range for today is between 1275.00 support and 1302.60 resistance.
The expected trend for today: Bearish