Gold price resumes its negative trading to approach from our waited target at 1447.00, reinforcing the expectations for the bearish trend continuation for the rest of the day, pointing that breaking this level will extend the bearish wave to reach 1413.10 as a next main station, whilet he expected decline will remain valid unless breaching 1470.00 level and holding above it.
The expected trading range for today is between 1447.00 support and 1475.00 resistance.
The expected trend for today: Bearish