Gold price shows additional negative trades to approach our waited target at 1615.00, and we suggest the continuation of the negative pressure to surpass this level and visit 1600.00 barrier as a next main target, to keep the bearish trend scenario dominant in the upcoming sessions conditioned by the price stability below 1660.00.
The expected trading range for today is between 1615.00 support and 1650.00 resistance.
The expected trend for today: Bearish