Gold price shows more bearish bias to surpass the EMA50, reinforcing the expectations of continuing the bearish trend for the rest of the day, reminding you that our waited targets begin at 1295.00 followed by 1286.70, while achieving them conditions holding below 1316.65.
Expected trading range for today is between 1295.00 support and 1320.00 resistance.
Expected trend for today: Bearish