Gold price continues to fluctuate around the EMA50, and as long as the price is below 1316.65, our bearish overview will remain valid for today, supported by stochastic negativity, reminding you that our main waited targets begin at 1294.00 and extend to 1286.70.
The expected trading range for today is between 1286.00 support and 1316.00 resistance.
The expected trend for today: Bearish