Gold price trades with clear positivity to breach 1797.00 and attempts to hold above it, which urges caution from the upcoming trading, as confirming the breach will lead the price to turn to rise and achieve intraday gains that start by testing 1825.15 areas, while stochastic provides negative signals that support the chances of resuming the bearish trend that its next target located at 1770.00.
The expected trading range for today is between 1770.00 support and 1805.00 resistance.
The expected trend for today: Bearish