Gold price shows negative trading to move away from 1400.30 level, and the price falls under continuous negative pressure coming by the EMA50, which keeps the correctional bearish trend scenario valid for the upcoming period, depending on the price stability below the mentioned level, reminding you that our targets begin at 1376.30 and extend to 1357.00 after breaking the previous level.
The expected trading range for today is between 1376.00 support and 1410.00 resistance.
The expected trend for today: Bearish