Gold prices didn’t show any strong move since morning, to continue fluctuating near 1929.00 level, and as long as the price is below this level, our bearish overview will remain valid for today, supported by the negative overlapping signal provided by stochastic now, reminding you that our targets begin by breaking 1913.15 to open the way to rally towards 1873.50 as a next negative station.
The expected trading range for today is between 1900.00 support and 1935.00 resistance.
The expected trend for today: Bearish