Gold price hovers around 1220.00 level, and as long as the price is below 1236.00, our bearish trend overview will remain valid and active for today, supported by the EMA50, reminding you that the main waited targets between 1200.00 and 1187.00.
Expected trading range for today is between: 1200.00 support and 1236.00 resistance.
Expected trend for today: Bearish