Gold price resumes its negative trades clearly after consolidating below the bearish channel’s resistance, motivated by stochastic negativity, waiting for more decline for the rest of the day to visit 1735.00 mainly, reminding you that the continuation of the bearish wave depends on the price stability below 1770.00.
The expected trading range for today is between 1740.00 support and 1770.00 resistance.
The expected trend for today: Bearish