Gold price shows slight bullish bias to move above the EMA50, and tests the minor resistance at 1467.00, which requires being aware from the upcoming trading, where the continuation of the bullish bias and surpassing this level might push the price to test 1489.00 levels before it returns to rise again.
In general, we keep preferring the bearish trend for today, conditioned by holding below 1467.00, reminding you that our initial target at 1447.00.
The expected trading range for today is between 1445.00 support and 1470.00 resistance.
The expected trend for today: Bearish