Gold price tests 1489.00 level and keeps its stability below it now, and as we mentioned this morning, the price needs to settle below this level to keep the bearish correctional trend scenario active in the upcoming period, supported by moving below the EMA50, reminding you that we are waiting for visting 1447.00 level as a next main target.
The expected trading range for today is between 1465.00 support and 1500.00 resistance.
The expected trend for today: Bearish