Gold price did not show any strong move since morning, while stochastic keeps losing the positive momentum, which keeps our bearish overview valid for today, which targets 1253.20 level as a next main station, while its continuation conditions holding below 1275.30 and 1282.00 levels.
The expected trading range for today is between 1255.00 support and 1282.00 resistance.
The expected trend for today: Bearish