Gold price shows positive trading to head towards testing the broken support that turns into resistance at 1503.00, as long as the price is below this level, so our bearish trend expectations will remain active for today, supported by the negative pressure that comes from the EMA50, reminding you that our next main target is located at 1477.00.
The expected trading range for today is between 1477.00 support and 1503.00 resistance.
The expected trend for today: Bearish