Gold price shows some bullish bias now to move above 1855.70, while the negative effect of the bearish flag pattern still active, supported by the negative pressure formed by the EMA50, waiting to resume the bearish trend that targets 1800.00 as a next station, reminding you that it is important to hold below 1855.70 to continue the suggested decline.
The expected trading range for today is between 1815.00 support and 1855.00 resistance.
The expected trend for today: Bearish