Gold price resumes its negative attempts after testing 1316.65 this morning, and we notice that stochastic approaches to provide negative overlapping signal now, waiting to motivate the price to resume the expected bearish trend for today, which depends on the price stability below the mentioned level, while its main targets located at 1296.00 followed by 1286.70.
The expected trading range for today is between 1295.00 support and 1325.00 resistance.
The expected trend for today: Bearish