Gold price continues to fluctuate within sideways track and still around 1290.00, thus, no change to the bearish trend scenario that depends on the price stability below 1302.60, which gets continuous support by the EMA50, reminding you that our main waited target is located at 1275.30.
The expected trading range for today is between 1270.00 support and 1302.60 resistance.
The expected trend for today: Bearish