Gold price faces negative pressure to head towards potential test to the key support 1786.50, and as we mentioned this morning, the price needs to hold above this level to keep the bullish trend active, as breaking it will press on the price to turn to decline and head towards 1765.00 areas before any new attempt to rise, while the expected positive target of the suggested bullish wave is located at 1815.00.
The expected trading range for today is between 1790.00 support and 1830.00 resistance.
The expected trend for today: Bullish