Gold price continues to fluctuate at the EMA50 and still below it, while stochastic loses the positive momentum clearly, to support the expectations of resuming the expected bearish trend for today, which depends on the price stability below 1302.60, while our next main target is located at 1275.30.
The expected trading range for today is between 1275.00 support and 1310.00 resistance.
The expected trend for today: Bearish