Gold price trades with calm bearish bias to keep crawling towards our waited target at 1208.40, to continue suggesting the bearish trend for today, which depends on the price stability below 1238.30, while surpassing the mentioned target represents key to extend the bearish wave to target 1198.00 direct.
Expected trading range for today is between 1200.00 support and 1230.00 resistance.
Expected trend for today: Bearish