Gold price trades with quiet bearish bias, where it moves now below the bullish channel’s support, providing initial signals for a potential intraday decline, but we need to get a daily close below 1384.00 to confirm this decline.
Thus, our neutral attitude remains valid for today waiting for confirmation signals for the next trend.
Expected trading range for today is between: 1366.00 support and 1416.00 resistance.
Expected trend for today: Neutral