Gold price begins to press on the bullish channel’s support line at 1200.00 in attempt to break it, which supports the continuation of the bearish overview efficiently in the upcoming sessions, paving the way to head towards our next main target at 1180.00, reminding you that the continuation of the expected decline conditions holding below 1208.40 and 1223.00 levels.
Expected trading range for today is between 1180.00 support and 1215.00 resistance.
Expected trend for today: Bearish