Gold price continues to fluctuate within tight track, settling around 1290.00, while stochastic begins to provide negative overlapping signals on the four hours’ time frame, waiting to motivate the price to resume the expected bearish trend for the upcoming period, which its main targets begin at 1275.30, while achieving it conditions holding below 1302.60.
The expected trading range for today is between 1270.00 support and 1302.60 resistance.
The expected trend for today: Bearish