Gold price keeps providing calm negative trading to crawl gradually to 1275.30 level that represents our main waited target, reminding you that there is a double top pattern is forming now, which might cause an extension on the bearish wave to target 1253.20 levels, if the price succeeded to surpass the initial level, to keep the bearish trend active and preferred for today unless breaching 1302.60 level and holding above it.
The expected trading range for today is between 1270.00 support and 1302.60 resistance.
The expected trend for today: Bearish